To support UK Farmers

[TheHateIsNotGood]

And due to KS's inability to face them in Wales today they are now thinking of going on strike. Because the govt are being too stubborn to reconsider how they apply IHT on working family farms. By all means close the loophole that allows the 'landed gentry' to take advantage of the agricultural exception but not with so blunt an instrument.

I was hoping to add a post to an existing thread but there isn't one despite it being headline news today.

You’ve hit the nail on the head there.
Angela Raynor pulled a plannning application 3 days before the planning meeting because there were 700 objections and the planners recommended it for refusal because of no schools, gps, infrastructure, inadequate substations so no electricity, access issues ie single lane roads for thousands of new properties. She pulled it because she intends to override the planners decision and to completely ignore the people…
And yes….it will be on current farmland.
We are also having to deal with applications for solar farms on protected land

They don’t care.
They will be able to boast about hitting their targets and making new jobs all in the short term whilst in the long term we have higher food prices because farmers will have less and less land

Where did you get your "clues" then, the five(?) farmers you actually know or the thousands you obviously don't and didn't exit poll?🙄

This sounds really interesting. I agree with you that’s it’s symptomatic of a much bigger issue. We are going to be encouraging people to sell up, spend money and not be investing for future wealth. Taking away incentives to work is only going to be a bad thing in the future I think.

They don’t get it free. A portion of the expenses are allowable for business purposes. If I remember rightly for example we claim 20% of our electric as business use for example. Similar for other utilities. Insurance is separated out to farm and house holds. So our farm buildings are insured by the business but our household contents insurance is a private drawing.

I Do agree we don’t pay rent but are there any other working environments where you are on call 365 days a year with regular unsocial hours and days. We don’t expect it of farm workers.

Not sure I’ve ever seen a dairy farm with a subsidy of 500k. The other thing Labour did was pull the final bit of BPS funding. No warning, just pulled it. The new schemes to replace it are completely different and are not money for nothing. By the time you cost out the scheme it doesn’t often pay the NLW for the person doing the job.

To the poster who suggesting a dairy farmer could be producing 240k worth of milk with his 5 or 6 men. You do realise that the staffing cost alone of employing 5 full time farm workers would be in the regions of 150k. On top of that there’s pension, NI and housing the said employees because the work most weekends and start at 4am. The cost
of housing them could easily be another 50k. So you haven’t made a penny in profit and you haven’t even thought about 1 single other cost.

But your example is of a kindly old person selling the land to his tenant at a fair rent.
The investment companies with many foreign investors are in it to make money and to protect their money. A single wind turbine can make you £100,000 a year, 10 and you are making a million. They aren’t going to sell land at a fair price to anyone - think of Thames water and it’s foreign in estors.
Reducing IHT avoidance is a good thing.

Anyone who complains about this or winter fuel allowance cut should be obliged to explain what SHOULD be taxed instead.

It does happen though. My father benefited greatly from a local landowner who he farmed the land for for a number of years (at a very decent rent). When the owner died it was written into his will that my father had first refusal to buy at a specified discount off the market valued.

That gentlemen (which is what he was) changed my family tree.

Big multinational conglomerates don’t behave like this.

Arable requires the right kind of geography. Many areas of the UK don't have that, and hill farm sheep are sometimes the best use of land for food production.

OMG, not Blackpool! You’re right, they’re all gentry plutocrats.

To be honest, lots of people have to pay inheritance tax on eg. a terraced house in London. It's not as if they have the option of selling off bits of land. Who does have 100% job security for themselves and their children?

I see a marked shift towards vegetarianism so I don't think it's a bad thing at all if the meat industry becomes a thing of the past. Sooner the better. It's a horrendous industry and you can't really expect people to feel sorry for those who make a 'living' sending god knows how many animals to slaughter, generation after generation. Yes you could say they are only responding to demand, but less beef / chicken / pig farms means higher prices and then people will eat less meat - so less animal suffering and a healthier, happier population.

Personally, I think the govt should tax the meat industry heavily, alongside blocking cheap meat imports, alongside subsidies to those switching to sustainable crop production and / or rewilding.

But other business owners use tax planning to mitigate this. We did but ours was taken away.
Other business owners generate enough money to pay the tax. We don’t!

This latest post about the ordinary running costs of every business demonstrates your complete lack of understanding of the subject or potential impact of what is being discussed, despite the multiple posters trying to reason with you. I don’t even have the words to outline how spectacularly you are missing the point and at this stage of the discussion it’s starting to seem very calculated indeed. I’ll leave you to it now for my own sanity.

She makes a very good point. Belittling an opposing view which is held quite widely isn’t an argument.

@BetteDavisChin "Inheritance Tax is irrelevant to most of us, then narrow it down further to farmers ..."
And narrow it down further to very rich farmers....

Be grateful about how much we have saved?
We do pay tax like everyone else. We are not tax dodgers.
Can’t be many b&b’s that would end up with a million pound plus inheritance tax bill though. I may be wrong on that though cos I never actually get to go on holiday and see any b&b’s because I’m too busy farming.
Other businesses usually earn enough to pay the tax & can plan for it.
Farmers don’t earn enough to pay the sums involved and have had the the tax planning options we had taken away.
Are you Rachel Reeves?
Do you understand anything about farming?
The supermarkets will have empty shelves soon enough

Yh re the meat industry- the vast majority can’t afford to buy farm shop organically locally and ethically reared meat. Farm shops don’t give a shit about the majority and are just geared to the very wealthy few.Most family's are having to reduce meat consumption hugely due to the cost even for cheap cruelly produced meat. Many need to cut consumption for health reasons. Then there is the massive damage to the environment that meat production causes….

Luckily I have 18 pages of ‘argument’ to fall back on, thanks. I’ve already spent far too many hours of my life trying to have a sensible conversation with that poster.

Well that will be mostly due to the Brexit you all voted for even though you enjoyed massive subsidies from the EU.

Yes I do realise that. I hope you realise that up & down the country farmers also do this.
The subsidies were paid in the past so food could be bought by the consumer cheaply.
Simple as that.
You need to educate yourself, agriculture in this country is on its knees. The changes the government have made do not benefit anyone. Prices will go up & there will be supply issues. Not good for anyone.

If farmers want support they should have gone about things in a completely different way long ago-pushing anti EU propaganda and voting for Brexit even though it was not in the best interest for the majority, stopping locals from enjoying green spaces by denying Right to Roam, doing nothing for local communities, massively over pricing farm shops…

There are already supply issues thanks to Brexit which you all campaigned for.

Maybe farmers want to stop poisoning the rivers as well

Agriculture is the leading cause of river pollution in the UK … stop killing our rivers off

Yep poisoning of rivers, over use of pesticides, selling off and building on green spaces when it suits…

As I said before you reap what you sow. So many farmers aren’t reliant on public services like the rest of us. Better state schools, healthcare and services are drastically needed. I’d rather cry about that than millionaire inheritance tax.

We certainly did not vote for brexit.