Thunder Bolt
Silly old bat
Margaret Thatcher mid 1980sSorry if it’s already been asked here, but why/when were farms/farmland exempted from IHT?
Margaret Thatcher mid 1980sSorry if it’s already been asked here, but why/when were farms/farmland exempted from IHT?
Indeed.If more people bought locally it would be fairer and more sustainable . . . Remember those cheap veg from supermarkerts are also being driven round in lorries, flung through distribution depots and also have to sustain profits . . . lots of that comes from the continent, so malking things worse both ends of the stick!
DO you need some, there are several outlets near here ;-)
we grow a lot of our own these days . . . Not sauasages, there does seem to be a lack of good butchers, or butchers who sell good & local meat!
That's the 'when'. But there is no need to add the reason whyMargaret Thatcher mid 1980s
Also worth pointing out that large land owners were given public land to turn over to farming during the war and we've never got it back.Worth pointing out at this juncture that the UK has not been remotely self-sufficient for food since the late 18th century.
Hence the whole Empire thing and rationing during the war.
Because it’s Labour that have reduced funding subsidies by 79% and put in place the inheritance tax that means they will lose their farms. You talk about education why on earth do you think it is cheaper to fly in food ? Lack of necessary regulations, animal welfare and decent wages might be itI think you have proven @Herr Tubthumper 's point. This (hardball from supermarkets) has indeed been going on for decades, but it is only now that Labour are in charge that the farmers have mobilized in their hundreds of thousands in London to demand action.
There's so much ignorance on here sometimes.Are you being serious?
Supermarket buying practices has been a talking point for years, likely decades.
From a 5-minute search, I found the following articles, and this sample paragaph is typical of a story I've heard countless times:
"The week began with a price negotiation with a very large supermarket over one of the products that we supply to them. I say “negotiation”; strictly speaking we had already agreed the price once, they wanted it lower still. In fact, I don’t know why I’m calling it a negotiation at all – the buyer demanded a 21% price reduction if we wanted to keep the business and that was that."
2004 - Farmers take Tesco to task over 'ruthless' pricing - https://www.independent.co.uk/news/...sco-to-task-over-ruthless-pricing-732745.html
2009 -Ireland-Farmers complaining over supermarkets profits - https://www.farminguk.com/news/ireland-farmers-complaining-over-supermarkets-profits-_15413.html
2011 - British farmers forced to pay the cost of supermarket price wars - https://www.theguardian.com/environment/2011/jul/02/british-farmers-supermarket-price-wars
2012 -Supermarket price negotiations – they work both ways - https://www.fwi.co.uk/farm-life/supermarket-price-negotiations-they-work-both-ways
2016 - Pig farmers are 'more vulnerable to unfair treatment by supermarkets' as prices fall - https://www.farminguk.com/news/pig-...ent-by-supermarkets-as-prices-fall_38478.html
2022 - Food prices: Why farmers get the smallest share and how to change it - https://www.fwi.co.uk/business/food-prices-why-farmers-get-the-smallest-share-and-how-to-change-it -
2024 - Supermarkets under fire for squeezing farmers in supply chain - https://www.somersetlive.co.uk/news/somerset-news/supermarkets-under-fire-squeezing-farmers-9055436
Many of which are not viable.He claims farms under 100 acres are not viable yet half of all farms in uk are under 20 hectares (about 50 acres).
Thanks..adds a bit of context!Margaret Thatcher mid 1980s
Because it’s Labour that have reduced funding subsidies by 79% and put in place the inheritance tax that means they will lose their farms. You talk about education why on earth do you think it is cheaper to fly in food ? Lack of necessary regulations, animal welfare and decent wages might be it
Have you read this?Also worth pointing out that large land owners were given public land to turn over to farming during the war and we've never got it back.
Mind you I'm still bitter about the inclosure acts.
Yes - he has this in there.Worth listening to Guy Singh-Watson (Riverford Organics) on this subject. He was interviewed on World at One today (starts at 18:23). Also summarised in his article in this week's vegbox.
He recommends increasing the IHT threshold to £7m (& tax rate to 40%) and removing the CGT loophole that allows rural landowners to buy more agricultural land free of tax when they sell some for development.
They did mobilize twice before. Once when the fuel tax went up - funnily enough under Labour (Blair), and again as the 'Countryside Alliance' regarding hunting and other stuff. Funnily enough that was when Labour were in power as well. I don't recall any protests under the Tories - but see below.....I think you have proven @Herr Tubthumper 's point. This (hardball from supermarkets) has indeed been going on for decades, but it is only now that Labour are in charge that the farmers have mobilized in their hundreds of thousands in London to demand action.
.....Thatcher. See above re protests!Sorry if it’s already been asked here, but why/when were farms/farmland exempted from IHT?
Are you John Clare?Also worth pointing out that large land owners were given public land to turn over to farming during the war and we've never got it back.
Mind you I'm still bitter about the inclosure acts.
The biggest shake-up and potential reduction in subsidies is because of the post-Brexit loss of EU subsidy funding. Which party did that happen under?Because it’s Labour that have reduced funding subsidies by 79% and put in place the inheritance tax that means they will lose their farms. You talk about education why on earth do you think it is cheaper to fly in food ? Lack of necessary regulations, animal welfare and decent wages might be it
I am not entirely familiar with the workings of the free market economy but if it is cheaper for supermarkets to fly in food from Chile then does it not mean that the local farms are not economical?
Sorry Harry as you know, we get on, but this time, I'll leave it thereSometimes?
I was a member at Hassocks before the owner sold it, apparently £50,000 rent from the club per annum wasn’t enough for him, but seeing Bellway selling small 4 beds north of £600k suggests a few million was made.More closing than opening - just in the immediate area Hassocks is now a housing estate, Waterhall has been 'rewilded', and the Burgess Hill par 3 course will be a housing estate in a few years time. Lots of courses struggling financially.
it's set to £1m not £3m. look at the preceding line suggesting a basis around 300 acres at 10k. the threshold will take in 100 acre or lower with substantial buildings value. people in favour like to double up spouse sharing allowance and lump in some other factors to inflate to a higher number.
Because that's the reality.people in favour like to double up spouse sharing allowance and lump in some other factors to inflate to a higher number.