I'm not a farmer. I live and run a small business in Devon and can easily do 80 hour weeks, I can feel very sorry for myself sometimes driving home at 11pm having done a 14 hour day. I then drive home to see the fields lit up with tractors and realise there are others working harder than myself. We use to have banksman who cleaned ditches and hedgerows now it's done by the farmers. These townies want the best quality food with the best animal welfare at the cheapest price. Watch any American reaction to supermarket prices in the UK on TH-cam and see we are cheap! They are so surprised to see grass-fed steaks or free range chickens that are standard and not in the speciality section and can't believe the price. Pay the true value of the food so farmers can make a profit so they can pay the tax or let them have a benefit! If net zero and tax is important then carbon tax the mileage the food travels from, then the townies can pay for their almond milk which has travelled 5,500 miles the extra tax or buy local at a fair price. I'm no fan of Londoners buying up farms to show off to their mates and save tax and I would be even angrier if it's foreign investors or shell companies who buy up the farms and end up paying no tax and change the countryside which I love. If Rachael from accounts really wanted to hit landowners, only grant help to those whose turnover receipts show £75,000 or £100,000+ for agricultural produce and tax the rest at 40% like the rest of us.
Do you think Clarkson bought his oversized Lamborgini tractor in anticipation of all the small farmers being forced out of the industry, so he could buy them all up and have a superfarm where the tractor would be useful?
Two estates worth £1.1m Person 1 inherits the non-farm estate. They have to pay 40% over 325k, which is =£270,000 in inheritance tax -within 6 months. Person 2 (Farmer) inherits the farm one. They have to pay 20% over £1m, which is =£20,000 in inheritance tax -over 10 years (£2,000 a year)
Where is your £1.1m farm? I know of NO farms that would be a commercially viable for £1.1m this would be a house with a couple of acres. Maybe someone who has a couple of horse so tax them 40% they are not farmers.
No one should be paying inheritance tax if those assets were purchased using post tax income. The only people who should be paying inheritance tax are those who have received income from using the off shore tax loopholes to avoid tax. Its theft plain and simple
Yes farmers pay the tax or sell land,UK goverment needs money and land to give to muslims,dont you know your are getting replaced real english people?Come on get it in with the new time,muslims and africans will use your land better anyway.
To understand what parliament can do look at what they did to Australian farmers who in return for reliably feeding Britain in its worst times were rewarded with a punitive trade embargo for fifty years.
Just like in the rest of the world, the landowners are crying about helping support the people who can’t even afford their goods. Farage, Trump, they’re all the same. Break the furnishings and walk away. The rest of us walk in rubble. Sorry, Mr Farmer but my sympathy is with pensioners who have no heat.
£1m might sound like a lot of money but in reality a good house in London is north of £1m. Owning that doesn’t make you rich. Of course a whole farm of a decent size will be more than £1m. It’s not just a home, it’s a business. Owning a farm like that doesn’t make you rich.
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Why were they not as angry about brexit? Surely that damaged their business more? I didnt see any protests then...
Obviously not genius
Because we voted Brexit got remain
@@AmandaHuggankissNo you didn’t. Stop blaming everyone else. Own it.
@@stephenjon3502 starmers little brother Boris stitched us up. Own it
@@stephenjon3502 it was Boris Blair who left us tied to the ECHR. Own it
I'm not a farmer. I live and run a small business in Devon and can easily do 80 hour weeks, I can feel very sorry for myself sometimes driving home at 11pm having done a 14 hour day. I then drive home to see the fields lit up with tractors and realise there are others working harder than myself. We use to have banksman who cleaned ditches and hedgerows now it's done by the farmers. These townies want the best quality food with the best animal welfare at the cheapest price. Watch any American reaction to supermarket prices in the UK on TH-cam and see we are cheap! They are so surprised to see grass-fed steaks or free range chickens that are standard and not in the speciality section and can't believe the price. Pay the true value of the food so farmers can make a profit so they can pay the tax or let them have a benefit! If net zero and tax is important then carbon tax the mileage the food travels from, then the townies can pay for their almond milk which has travelled 5,500 miles the extra tax or buy local at a fair price. I'm no fan of Londoners buying up farms to show off to their mates and save tax and I would be even angrier if it's foreign investors or shell companies who buy up the farms and end up paying no tax and change the countryside which I love. If Rachael from accounts really wanted to hit landowners, only grant help to those whose turnover receipts show £75,000 or £100,000+ for agricultural produce and tax the rest at 40% like the rest of us.
the whole pass it on is a non argument, everybody can make this argument, just dont want to pay what the rest of us do
Did you even listen to the podcast???
He literally just said only 4% of the public pay IHT, so not the rest of us at all. Some people hear what they want.
@finsbury8919 and they should pay the same, simple, if they have a failing business they should sell, simple,
Do you think Clarkson bought his oversized Lamborgini tractor in anticipation of all the small farmers being forced out of the industry, so he could buy them all up and have a superfarm where the tractor would be useful?
No - Clarkson is a TV personality not a real farmer. He made millions from his tv show - it was all about the entertainment value
Two estates worth £1.1m
Person 1 inherits the non-farm estate. They have to pay 40% over 325k, which is =£270,000 in inheritance tax -within 6 months.
Person 2 (Farmer) inherits the farm one. They have to pay 20% over £1m, which is =£20,000 in inheritance tax -over 10 years (£2,000 a year)
Where is your £1.1m farm? I know of NO farms that would be a commercially viable for £1.1m this would be a house with a couple of acres. Maybe someone who has a couple of horse so tax them 40% they are not farmers.
They have a cheek pay your inheritance tax just like everyone else your not the royal family
You don’t really understand, so you
No one should be paying inheritance tax if those assets were purchased using post tax income.
The only people who should be paying inheritance tax are those who have received income from using the off shore tax loopholes to avoid tax.
Its theft plain and simple
@@LloydLaughalot pay your inheritance tax just like everyone else does .
@@LloydLaughalotplease explain, obviously you have a wider knowledge?
Yes farmers pay the tax or sell land,UK goverment needs money and land to give to muslims,dont you know your are getting replaced real english people?Come on get it in with the new time,muslims and africans will use your land better anyway.
To understand what parliament can do look at what they did to Australian farmers who in return for reliably feeding Britain in its worst times were rewarded with a punitive trade embargo for fifty years.
Just like in the rest of the world, the landowners are crying about helping support the people who can’t even afford their goods. Farage, Trump, they’re all the same. Break the furnishings and walk away. The rest of us walk in rubble. Sorry, Mr Farmer but my sympathy is with pensioners who have no heat.
£1m might sound like a lot of money but in reality a good house in London is north of £1m. Owning that doesn’t make you rich. Of course a whole farm of a decent size will be more than £1m. It’s not just a home, it’s a business. Owning a farm like that doesn’t make you rich.
Most of the comments here really show how little these townies understand the countryside or where their food comes from!
Europe ?
We have been net importers of food for the last 200 years!
They already started down that path when the majority of farmers voted for Brexit, the biggest threat to the food chain.
With a total of 210,000 farmers in the UK their numbers made no difference the the outcome of the Brexit vote
@@Davell927 63% voted for Brexit, so as a sector now moaning and threating the food chain should think about their previous menacing actions
Farmers are outstanding in their own field.
Funny, typical times luvvie, im alright barnaby.
Not many, if any, pro wealthy (investor) farmer comments...
Eat the rich!
Rachel Reeves, the personification of " fake it till ya make it ?
Pure simple facts are the best weapons. Does UK want import food, or local climate-neutral food?
They've answered that already
Look at a supermarket's fruit section
No I do not want toxic foreign food thanks, not monitored and checked
Clarkson for Prime Minister! (At least he'll be more qualified than the current Chancellor.)
DUH.
Thats the governments aim.
The government’s aim is to put farmers out of business? Interesting concept. I’ll go away and think about that.