The Farmers Fight

madalene

If Jeremy Clarkson is a liar, unfortunately so is Rachel Reeves.

👍

GrannyGravy13

madalene

where actually is Keir Starmer…….he is conspicuous by his absence

As he always appears to be.
How very convenient for him.

The PM has taken 14 international trips to 10 different countries since July.

What is wrong with a PM travelling for trade and international security and climate negotiations? Some of those visits were for very short periods. They total 26 working days.

If Jeremy Clarkson is a liar, unfortunately so is Rachel Reeves.

Having said that, I totally support 'normal' farmers. They were sold a total pup with Brexit, which has turned out to be an absolute disaster. Cheap imports coming in with hardly any checks, and huge amounts of very expensive red tape and vet and other checks to be able to export- combined with much higher costs to import feeds and fertilisers- due to tarifs, checks and also low Sterling values and loss in EU subsidies, etc.

escaped

^like Clarkson buying large farms to openly boast about doing so to avoid tax^
That is incorrect. He didn't actually know about inheritance tax stuff until after he bought it.

Correct.

I saw him interviewed today. He said he actually bought the farm because he wanted it for shooting, but as shooting for sport is considered to be not very politically correct, he said he was buying the land for farming. It was only afterwards he found out about the IHT.
It’s good that the farmers have a voice to speak for them.

Farage may be supporting the farmers (I’ve no idea because I’ve seen nothing about him) but just as we Gransnetters can support/not support the farmers, so can Farage. The difference is, nobody cares what any of us think.

LizzieDrip

^He didn't actually know about inheritance tax stuff until after he bought it^

🤣🤣🤣 If you believe that, you’ll believe anything!

I thought that would cause a laugh!
Probably a liar just like politicians!

LizzieDrip

^He didn't actually know about inheritance tax stuff until after he bought it^

🤣🤣🤣 If you believe that, you’ll believe anything!

How ridiculously funny!

The director of the Institute for Fiscal Studies (IFS), an independent economy think-tank, told Sky News: "The changes will affect a remarkably small number of some of the most valuable farms."

He added: "[Farms are] still more generously treated, actually, than farms used to be in decades past."

The Treasury estimates that 500 estates including agricultural land will be affected by the agricultural property relief reform, external per year.

Dan Neidle, an independent tax expert, says the number of actual farms, external affected is likely to be below 500 per year.

There were a total of 462 inherited farms valued above £1m in 2021-22, according to HM Revenue and Customs (HMRC)

345 valued between £1m and £2.5m
80 at £2.5m to £5m
37 above £5m

Under the new rules, those 462 farms would be affected by the 20% inheritance tax on any value above £1m (not on the whole value).

Anniebach

Badenoch and Farage joined the protest, how sweet

The Conservatives were quite happy to make the Trade Agreement with Australia in 2021 that undermined the ability of smaller farmers to compete price wise.

Today Badenoch said, "“We know the burden that farmers are carrying” - “want you to know that we have your backs,” she continues."

But the reality is that small farms have been struggling for some time because of market forces.

I do think the level of IT could be reviewed - but the wealthier landowners are using this opportunity to try and maintain the status quo of not paying IT at all.

Badenoch pledged to reverse the IT for all including those who can and should pay.

madalene

^where actually is Keir Starmer…….he is conspicuous by his absence ^

As he always appears to be.
How very convenient for him.

The PM has taken 14 international trips to 10 different countries since July.

He didn't actually know about inheritance tax stuff until after he bought it

🤣🤣🤣 If you believe that, you’ll believe anything!

where actually is Keir Starmer…….he is conspicuous by his absence

As he always appears to be.
How very convenient for him.

like Clarkson buying large farms to openly boast about doing so to avoid tax
That is incorrect. He didn't actually know about inheritance tax stuff until after he bought it.

This is a protest confected by the likes of Clarkson and Farage, the vast majority of farmers will pay nothing or very little, compared to the vast assets they are inheriting, spread over 10 years, that is fact. Increasing IHT for farmers will stop people like Clarkson buying large farms to openly boast about doing so to avoid tax, people like him are artificially inflating the cost of farmland and 40%of working farmland is now being sold to non farming investors as a tax dodge.

Is the current government capable of changing its mind? Or even entering a discussion?
I'm reading how little consultation and discussion there was with farmers over this. Just a rush to get it out, showing once again a lack of compassion.
And where actually is Keir Starmer in all this? I can't believe I'm the only one to notice he is conspicuous by his absence. I think he is conveniently abroad, which he has been doing rather a lot recently.

Sorry that should have said "I totally suppport the Farmers."

I am totally support the Farmers.

NotSpaghetti
I agree with you 100% about the ‘blanding’ of foods. I blame the supermarkets primarily in the ruthless pursuit of profit, but I also think that poorer people buy these bland foodstuffs because it’s more affordable for them. If we lose our farms to conglomerates, then we can expect more bland food to be on sale, as these conglomerates will not be interested in quality, only quantity.

Do we Gransnetters realise how privileged many of us are? We can afford to buy quality, more expensive food. However even some of our Gransnetters cannot afford the pricier, quality foodstuffs. Some of us are on Pension Credit, luckily for me, I’m not, but I’m concerned for those that are.

MaizieD

escaped

I don't know if these are farmers or celebrities or members of the public, but alot of solidarity on show in Whitehall today.

I'm afraid protests such as this, of whatever size, never influence a government to change its mind.

It's enjoyable for the participants...

Riots seem to do a better job...

They do in France, as was discussed earlier!

I fully agree with you Keeping quiet. IMO it's the farm hands who are poor not the farmers. If a farm has to sell some of its assets to pay IT then sobeit. Hopefully it will allow new aspiring farmers to get a foot on the ladder rather than farms being kept for generations by the same family. It would probably be beneficial to gave some new blood in the farming industry.

My son in laws parents have a small farm in the South East where an average four bedroom house can be a million pounds. Given a combine costs £500,000 and a tractor £250,000 there will not be many farms who are not subject to IHT when the time comes. In his case the farm has been in the family for four centuries. My son in law works full time away from the farm and helps on the farm evenings and weekends. He does not get an income from it and his parents are far from rich. Anyone who thinks all farmers are like Jeremy Clarkson has no idea what a hard life it is. Inheriting land is full of responsibility, hard work and commitment. No one wants to be the one who loses the farm that so many of his forebears have worked to keep going. Those who say I don’t know what IHT is or I will never be rich like that have no idea of the reality of small family farming.

escaped

I don't know if these are farmers or celebrities or members of the public, but alot of solidarity on show in Whitehall today.

I'm afraid protests such as this, of whatever size, never influence a government to change its mind.

It's enjoyable for the participants...

Riots seem to do a better job...

One third of children in the UK are living in poverty, wrap your heads around that

Hear, hear Jeanathome.

Farmers are fortunate to be ‘asset rich and cash poor’.

Millions of folk in this country are asset poor and cash poor.

It’s time for a redistribution of wealth!

Allira

JanCl

I think it's the Mail and Telegraph that say 70%. Family farms can be worth c£3 million and still not be eligible for IHT. And anything over that IHT is 20%. Non farmers allowance for a couple would be around £650000, and 40% over that. So I can't see how farmers are hard done by. And when the likes of James Dyson buy up land just to avoid tax, something has to be done.

Perhaps you should investigate what Dyson Farming does to improve ecosystems and sustainability before you start criticising?

I'm afraid that being one of the good guys doesn't exempt him from paying IHT.

I'm wondering of he actually makes a profit from all this or whether his wealth from other sources subsidises it.

Badenoch and Farage joined the protest, how sweet

Allira

If you find empty shelves in your supermarket, perhaps you might be affected and realise the effects of all this.

We've been down this road in this discussion. As long as the land from the smaller farmers is still being farmed by larger units, the food won't disappear.

I blame the supermarkets - their price wars and forcing farmers to charge less and less (surely we recall the big rows around Tesco's affect on smaller farmers?).

They are still at it

www.fwi.co.uk/business/markets-and-trends/dairy-markets/tesco-to-cut-producers-from-its-sustainable-dairy-group