Governments First Budget

Casdon

You’re right Allira, that is the point, he didn’t make his millions from farming, he’s a hobby farmer.

I think he takes it seriously but, of course, he can give employment to others without worrying about escalating employment costs.

GrannyGravy13

Casdon he has said repeatedly that his income is not reliant on his Farm.

He is very vocal in sticking up for the farming community, and despite people on here being ecstatic about farms paying IHT the majority of working farmers have grave concerns.

Farming is perilous at the best of times, supermarkets screwing them down constantly for the lowest price, this is going to be the straw that breaks many farmers backs.

Farming is perilous at the best of times, supermarkets screwing them down constantly for the lowest price, this is going to be the straw that breaks many farmers backs.
Not to mention the price increases over the last few years!

There are online companies, multi-billionaires who get away with evading tax yet they target farmers!

Putting the nation's food security at risk for the sake of a few millions in the Government coffers is a very foolish move indeed.

Hobby farming seems to be quite a popular thing amongst rich people and I assume, like Jeremy, their heirs might all be clobbered for IHT in some way when they leave this earth? Martin Clunes, Kevin Fletcher, David Beckham, even the JLS dancer on Strictly?

Allira

There are online companies, multi-billionaires who get away with evading tax yet they target farmers!

Putting the nation's food security at risk for the sake of a few millions in the Government coffers is a very foolish move indeed.

I’m posting this again because it breaks down who owns the land in the UK - individual farmers don’t own much of it. It’s from Farmers Weekly.
www.fwi.co.uk/business/markets-and-trends/land-markets/who-owns-britains-farmland

escaped

Hobby farming seems to be quite a popular thing amongst rich people and I assume, like Jeremy, their heirs might all be clobbered for IHT in some way when they leave this earth? Martin Clunes, Kevin Fletcher, David Beckham, even the JLS dancer on Strictly?

Alex James from Blur bought a farm and is a well-known heesemaker.

I think that if well-known people go into farming after making money elsewhere, they are in a position to highlight the problems farmers face in this country. Also, as trying to make a living from farming is so difficult now, they do have that safety net of previously earned money to prop up their farming business.

Wyllow3

Dinahmo

M0nica I doubt that people buying houses in a new estate want housing association homes adjacent to them. There are examples where affordable houses have been built on the same estate as more expensive ones but those in affordable homes haven't been given access to facilities such as play areas and gardens both of which are locked to prevent unauthorised use.

Those examples are unbelievably shocking to me. Does it really happen?

Assumptions made that people who need housing association accommodation are somehow "Lesser" or "out to cause trouble". People on a low income or have some disability/ special need are we to label them thus?

Yes it does/did. There are some housing blocks where private owners and social housing tenants have separate entrances

Where is all this money coming from only causing many years of no growth
and years of having to pay back what has been borrowed

Casdon

Allira

There are online companies, multi-billionaires who get away with evading tax yet they target farmers!

Putting the nation's food security at risk for the sake of a few millions in the Government coffers is a very foolish move indeed.

I’m posting this again because it breaks down who owns the land in the UK - individual farmers don’t own much of it. It’s from Farmers Weekly.
www.fwi.co.uk/business/markets-and-trends/land-markets/who-owns-britains-farmland

I and many others will not be able to read that link properly.

So here is another

thefarmingforum.co.uk/index.php?threads/breaking-down-who-owns-great-britain%E2%80%99s-farmland-easy-newz.390313/

Allira

escaped

Hobby farming seems to be quite a popular thing amongst rich people and I assume, like Jeremy, their heirs might all be clobbered for IHT in some way when they leave this earth? Martin Clunes, Kevin Fletcher, David Beckham, even the JLS dancer on Strictly?

Alex James from Blur bought a farm and is a well-known heesemaker.

I think that if well-known people go into farming after making money elsewhere, they are in a position to highlight the problems farmers face in this country. Also, as trying to make a living from farming is so difficult now, they do have that safety net of previously earned money to prop up their farming business.

Exactly Allira

I am this very minute watching This Farming Life BBC2 I hope the farmers are being paid for their contribution and having TV cameras following their daily lives.

Anything documenting and highlighting the daily grind of farmers is welcome in my book.

Casdon

Allira

There are online companies, multi-billionaires who get away with evading tax yet they target farmers!

Putting the nation's food security at risk for the sake of a few millions in the Government coffers is a very foolish move indeed.

I’m posting this again because it breaks down who owns the land in the UK - individual farmers don’t own much of it. It’s from Farmers Weekly.
www.fwi.co.uk/business/markets-and-trends/land-markets/who-owns-britains-farmland

^In England in 2021, the majority of farms (54%) are owner occupied, followed by 31% mixed tenure and
14% wholly tenanted. For the remaining 1%, tenancy was undeclared.^

Gov.UK

Casdon

Allira

There are online companies, multi-billionaires who get away with evading tax yet they target farmers!

Putting the nation's food security at risk for the sake of a few millions in the Government coffers is a very foolish move indeed.

I’m posting this again because it breaks down who owns the land in the UK - individual farmers don’t own much of it. It’s from Farmers Weekly.
www.fwi.co.uk/business/markets-and-trends/land-markets/who-owns-britains-farmland

Falling on deaf ears, Casdon. I followed your link. What does strike me is that a great many landowners won't pay IHT on their holdings because they are not 'people'.

These, for a start:

Ministry of Defence (850,174 acres) A ministerial government department, with three-quarters of its land sited in England, where it used for military training.

National Trust and National Trust For Scotland (800,000 acres) Britain’s largest farmer, the National Trust, owns 620,000 acres and has an annual income of £680m, while the National Trust for Scotland has about 180,000 acres Together, they have more than 1,500 tenants.

The Crown Estate (678,420 acres) The UK sovereign’s public estate, which is neither government property nor part of the monarch’s private estate.

United Utilities (141,000 acres) A water supply company with the majority of its acreage in the north-west of England, notably Merseyside, Lancashire, Cheshire and Cumbria.

Then, of course, the farms on the vast acreages owned by 'the aristocracy' and big 'investors', such as Dyson, will be tenanted, so those farmers have little to worry about.

And this 'double taxation' argument is utter nonsense...

Falling on deaf ears, Casdon

Sorry?

Probably means you didn’t agree.

Then, of course, the farms on the vast acreages owned by 'the aristocracy' and big 'investors', such as Dyson, will be tenanted, so those farmers have little to worry about.

Which is shown in my post.

54% of farms in the UK were owner-occupied in 2021 but of course that percentage may be lower now as some farmers have given up in despair.

Understanding the difference between family, owner-occupied farms and large landowners is essential here.

Rudeness is not necessary.

Here are some more facts and figures from the Uk gov. 2021

assets.publishing.service.gov.uk/media/6331b071e90e0711d5d595df/AUK_Evidence_Pack_2021_Sept22.pdf

Mollygo

Probably means you didn’t agree.

Probably means they are not farmers or have none in the family although I believe one or two posters may be landowners.

I have heard it said, that for every person employed on a Uk farm, there are 7 more people employed in all the industries it supports.
Machinery, and numerous other occupations. Vets, admin, advisors etc etc.

In 2021, agriculture contributed around 0.5% to the United Kingdom’s economy. Agriculture provides half of the food we eat, employs almost half a million people and is a key part of the food and drink sector.

We produce about 60% of our food in the UK, not 50%

The UK's self-sufficiency has been declining since 1984, when it reached a post-war high of 78%. The National Farmers Union (NFU) has called for the UK to be more self-sufficient and less reliant on imported food. The NFU argues that climate change and the war in Ukraine have made global food imports vulnerable

deaf ears? 🤔

Allira

^Then, of course, the farms on the vast acreages owned by 'the aristocracy' and big 'investors', such as Dyson, will be tenanted, so those farmers have little to worry about.^

Which is shown in my post.

54% of farms in the UK were owner-occupied in 2021 but of course that percentage may be lower now as some farmers have given up in despair.

Understanding the difference between family, owner-occupied farms and large landowners is essential here.

Rudeness is not necessary.

Many of the estates aren’t tenanted some are contract farmed, some in hand quite a lot including Dyson are now in environmental schemes. The problem is it’s just not worth growing crops if you have to pay agents managers and all the workers

Spain produces 32% of UKs fruit and vegetables.

This is from 40,000+ hectares of greenhouses in and around Almeria.

Almeria has just been wiped out by flooding.

Food prices will increase, scarcity of some products will rise.

U.K. needs to encourage farmers and aim for higher production, it shouldn’t been taxing future generations of them out of business.

Well, yes.
I thought we were discussing productive farms.

However, your post brings up an interesting question.
If large landowners turn over their land to environmental schemes and managed rewilding, will they be subject to these new IHT rules?
If it was previously agricultural land then it was not at the time.

However, the more land that is taken out of food production for environmental or building purposes the more precarious our food security in this country.

Oh dear. Sad so many suffer with the disease 'the politics of envy'! I have never suffered with it myself. But then again I have always been happy yo work to provide for myself and then my family. I have never gone round with my hand out and expect other people to put their money into it!!!

Allira

Well, yes.
I thought we were discussing productive farms.

However, your post brings up an interesting question.
If large landowners turn over their land to environmental schemes and managed rewilding, will they be subject to these new IHT rules?
If it was previously agricultural land then it was not at the time.

However, the more land that is taken out of food production for environmental or building purposes the more precarious our food security in this country.

Yes environmental schemes qualify for new rules.
It’s crazy, bad weather is reducing yield of crops that are planted as well, morale amongst farmers was bad enough before.

It’s crazy, bad weather is reducing yield of crops that are planted as well, morale amongst farmers was bad enough before.

Flooding, increases in pests because of the weather, rising costs, now these latest blows may be just too much for many farming families.

www.itv.com/news/westcountry/2024-10-30/chancellors-budget-will-be-nail-in-the-coffin-for-agriculture-warn-farmers