As a farmer I’m not happy to have Clarkson as a self appointed spokesman. His program has done some good, but imo he needs to pipe down on this issue.
Please, please can we stop trotting out the idea that lower land prices will enable wannabe farmers to get a foothold. It simply won’t happen because of the huge capital investment required.
Farmers have, and will continue to diversify since time immemorial. The new APR ruling along with moves on business relief will cause succession planning headaches which we have to accept and work with.
Ironically the introduction of APR has brought in the likes of Clarkson and Dyson and is a contributing factor to rising land prices. Rollover I believe is a bigger trigger.
Rising land values do not benefit farmers until they wish to sell, and are set to become a liability on death.
Also, fed up of the advice to just hand it on. It’s not that simple. You can not benefit from assets you’ve handed on. There is no money for handers on to pay rent to the next generation. Not to mention the possibility of divorce, illness, falling out with next generation. Many farmers have a tale of how handing on early led to loss of land and hardship after a divorce int the next generation.
My belief is that farming has been going through extraordinary changes in the last few decades. This latest is part of a wider social and economic change.
Successive governments have failed to address this, disappointingly this government is following suit. Brexit has been catastrophic. And before you pile on, the widely accepted figure is that 53% of farmers who vote voted leave. Which means 47% did not, apparently 45% voted remain. Not so v different from 52/48.
It appears there is no coherence: do we want food security? Do we want to minimise food miles? Have nutritious food with known provenance? Do we wish to move away from mono cropping? Towards a more sustainable way of farming? How do we want our countryside to look? What is it for?
The polarisation of rural and urban, rich bastard farmers can pay serves no one. I think it’s unarguable that those of have bought land as a tax advantageous investment should be targeted. Current proposals are going to have a disproportionate effect on those who
can least afford it.