ManOfSussex
We wunt be druv
And they also run over badgers in tractors for fun. This is T'Pau.
Got something to say or just want fewer pesky ads? Join us... 😊
[News] Farmers
- Thread starter Harry Wilson's tackle
- Start date
On a rather nice non controversial note, protesting farmers were asked to bring produce with them and donate to a food bank set up especially by City Harvest. The latter say they have been ‘overwhelmed’ and the donations will be distributed to 400 food banks across London.
Whether or not you support their cause, it’s a refreshing way to protest
Whether or not you support their cause, it’s a refreshing way to protest
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,062
something i've pondered, i suppose there's mistrust of family (though then why so bothered!) or they die with little warning without making plans. likewise making a holding company must have some disadvantage or it's an obvious better setup, especially with all the plant involved.
train of thought has a flip side, why anyone would be buying land just for the IHT loophole when they could be using the 7 year rule. or trusts.
S.T.U cgull
Well-known member
Double quids in as the Oak Barn owners are the current owners / to be sellers of the Par 3 course..!
No exact timeline on when it will close, told to me by one of their Pro’s..
Your posts seem to indicate you've made your mind up on that, regardless od what anyone else may say.
Anyway, here's two farming protests in central London that happened under Tory governments. There's probably more, but you have the same search tools as me if you are genuinely interested.
I was mulling this whilst walking the dog in the freezing pissing rain, and I came to the same conclusion as @dsr-burnley. As with the Winter Fuel Payments, it feels like a sound policy that has been poorly or lazily implemented such that worthy cases are caught up in it adversely.
I know next to nothing about farming, and knew literally nothing about farm inheritance before Reeves' party piece a few weeks back. I had no idea that farmers had an Inheritance Tax waiver.
But since then, I've listened and read to try and understand the reasoning behind the angst, and there does seem to be some merit. And, as often is the case with these things, the little guy will be impacted the most. The big guy will have access to lawyers and accountants who will help them minimise how they get hit.
Until this sudden announcement which no one knew about there was literally no need, it's that simple.
- Jul 10, 2003
- 27,942
64% of commercial farms in britain are unviable and consist of large gardens with big pets ?
I have no idea whatsoever, I can only go by the actual statistics that the Government publish
Government published facts! There's your problem, facts my arse.64% of commercial farms in britain are unviable and consist of large gardens with big pets ?
I have no idea whatsoever, I can only go by the Government published facts
It will be the 'middling' guy that will be impacted the most.
The little guy, like most of us in the non-farming world, won't be affected by IHT anyway.
The big guy, as you say - will pay for a fiddle.
The middling guy (those with say £4m-10m farms) are the ones that will be affected and will have to change or lose out.
- Jul 10, 2003
- 27,942
The UK agriculture industry is made up of 209,000 farm holdings, using 17 million hectares of land (70% of the UK land total in 2023). The average UK farm size is 82 hectares. However, almost half of all farms are less than 20 hectares in size.
https://www.gov.uk/government/publi...ng-evidence-key-statistics-accessible-version
And I really can't be arsed to look up again, but I suspect the vast majority of 'family owned' farms are in the 64% of less than 100 acres
Suspect?The UK agriculture industry is made up of 209,000 farm holdings, using 17 million hectares of land (70% of the UK land total in 2023). The average UK farm size is 82 hectares. However, almost half of all farms are less than 20 hectares in size.
https://www.gov.uk/government/publi...ng-evidence-key-statistics-accessible-version
And I really can't be arsed to look up again, but I suspect the vast majority of 'family owned' farms are in the 64% of less than 100 acres
vegster
Sanity Clause
- May 5, 2008
- 28,281
If only the shareholders could accept 10p less on their annual dividend ? Then maybe farmers could get a fairer price and the supermarkets could pay the extra NI AND pay their staff just that bit more so they don't need to claim Universal Credit to top up their wage ? .....nah, let's wait for trickle down economics to kick in...hopefully.
- Jul 10, 2003
- 27,942
Exactly the same as the rest of Britain and, unless i'm mistaken, didn't we think these were the people who could pay a little more to dig us out of this ?
Going after the Big guys is a little more complicated but still needs doing
- Jul 10, 2003
- 27,942
Well I've proven you wrong on the other stuff you claimed was wrong and to be honest, I reallt can't be arsed to look it up.
Have you really?
I'm off this thread far too many who know f*** all about the countryside and farming google shit and become an authority. Pointless arguing.
Enjoy your artisan bread.
My parents have a small holding, which almost certainly counts as a farm in those statistics (it's registered as a farm business).64% of commercial farms in britain are unviable and consist of large gardens with big pets ?
I have no idea whatsoever, I can only go by the actual statistics that the Government publish
Just 6 or 7 acres and a small flock of sheep these days just as a hobby. It has never made a profit and that is not down to clever accounting (I submit my dad's tax return every year!)
- Jul 10, 2003
- 27,942
It's what I've always quite fancied
But I'd be surprised if me and your mum and dad were representative of 64% of British farms. Could you do my tax ?
You might be surprised at the number of hobby farmers / smallholders there are, as well as other small-scale rural businesses classified as farms and officially a commercial operation. The reality is that they are little more than a hobby or (in modern parlance) a side-hustle. Someone with room for an extra horse might set up a livery business for example, but it's not really a commercial operation in the full sense (might allow a few things to be run through the books as business expenses, mind...)It's what I've always quite fancied
But I'd be surprised if me and your mum and dad were representative of 64% of British farms. Could you do my tax ?
I don't even do my own - I'm smart enough to pay someone that knows what they are doingCould you do my tax ?
