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It can indeed. Lat's get rid of all the tax loopholes and make sure everybody shares the burden equally. No, not THOSE loopholes :shrug:

Let they that are without sin cast the first ..... etc :blush:

Some people are on the pitch, they think it's all over It is now :wink:

Trusts are not complicated or expensive. As has been discussed on NSC many times before, lots of NSCers have them set up and there are nearly half a million set up per year. It's certainly a lot cheaper and simpler than running even a small farm as an ongoing business. It's very simple. All...

:wave:

I'm sure there's a lot, but it's like claiming the average farm in the UK is 200 acres, It's just a single figure (lies, damn lies and statistics) But the vast majority of the farms are well under that and the simple fact is that the vast majority won't pay IHT even under the new rules. Farmers...

It's what I've always quite fancied :thumbsup: But I'd be surprised if me and your mum and dad were representative of 64% of British farms. Could you do my tax ? :wink:

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.

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 :wink:

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...

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 :shrug:

What, like normal people 😲

The moment you have a limited company with shareholders, the rules are completely and utterly different, on account of the fact a 'ltd company' and 'a family' are not the same. It's what the vast majority of 'family owned' businesses do. That's where you are completely wrong. Sorry :shrug:

But the simple facts are So you're telling us that 'professional' farmers are dying on their arse, whilst claiming over 50 % of the farmers in Britain who do it for a living are actually hobbyists who are running businesses that aren't viable (I thought there was a law against that) ??? It's...

64% of farms in the UK are under 100 acres (50% under 50 acres).

If they are paying 800K, this means their farm is worth approximately £7M. I'm sure that as with any business, as long as the business is sound, there are ways to commercially fund 80K pa for 10 years on a business worth £7M, if selling off parts is not viable. They will need to change the way...

But those land prices have been driven up by investors and speculators taking advantage of the lack of IHT on Farms. This has been highlighted by farmers for years now that agricultural land is trading at way above it's actual agricultural value. Shirely if this helps stop that, it is a good...

And they can continue to do that using the exact same methods every other Family owned business has to, to avoid it having to be sold :shrug:

The government said about 500 claims each year would be affected by the changes and farm-owning couples could pass on up to £3m without paying any inheritance tax. It said its "commitment to our farmers remains steadfast"...

I'm guessing the 'how IHT caused the demise of UK farming and lack of food security' call in will be after the 'how Brexit caused the demise of UK farming and lack of food security' and the 'how Truss caused the demise of UK farming and lack of food security' etc etc :wink: