Farmers threat

NYboro said:
if your name is Clarkson or Dyson there is. There are other millionaires who have invested in agricultural land for the sole purpose of avoiding inheritance tax.
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Clarkson - if you’ve seen Clarkson Farm - goes out of his way to say how hard it is to make a profit from farming. And that if he didn’t have any other income he would struggle.

Your bog standard farmer is not Clarkson or Dyson and avoiding paying any form of tax.

Crack on with your lefty agenda though.

It’s a bloody tough life.
 
Aet290204 said:
Clarkson - if you’ve seen Clarkson Farm - goes out of his way to say how hard it is to make a profit from farming. And that if he didn’t have any other income he would struggle.

Your bog standard farmer is not Clarkson or Dyson and avoiding paying any form of tax.

Crack on with your lefty agenda though.

It’s a bloody tough life.
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I have recently just finished reading 'The Ragged Trousered Philanthropists'. One of its recurring themes is the refusal of the workers to have anything said against the capitalists who are keeping them in a sate of semi-slavery. That book was written 120 years ago.
 
Aet290204 said:
Your bog standard farmer is not Clarkson or Dyson and avoiding paying any tax
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no, they are not, but to quote Clarkson:

Jeremy wrote in The Times, "Land is a better investment than any bank can offer. The Government doesn't get any of my money when I die.

So let's not have him or Dyson speaking for farmers.

There is no way that working on a farm is an easy life, especially if you don't own it. But clearly there has been a tax avoidance reason to buy agriculture land (I am looking at you Clarkson and Dyson).

It isn't £1M, it is £3M IHT exempt for a farming couple (ie £2M more than a non-farming couple), then 20% IHT spread over 10 years, as opposed to 40% paid in 6 mths!

... and mostly avoided if you hand over parcels of yr land to yr kids 7 yrs before you die. I am sure there are various other avoidance schemes available too.
 
Aet290204 said:
I’m from a family of agricultural workers. My father, his siblings and my grandparents all worked on the land. They are not land owners. They are the workers. It’s a bloody tough life for both parties, it’s f u c k in g hard work and trust me for the land owners there is little money to be made.
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I know how you feel, me and the family have worked hard for years in heavy and dirty industry and been hammered for tax under PAYE resulting in no chance of building up any serious level of assets.

Some pensioners need £200 just to survive the winter.

I can’t comment for the landowners but this country is not an easy place to be working class.
 
Aet290204 said:
Clarkson - if you’ve seen Clarkson Farm - goes out of his way to say how hard it is to make a profit from farming. And that if he didn’t have any other income he would struggle.

Your bog standard farmer is not Clarkson or Dyson and avoiding paying any form of tax.

Crack on with your lefty agenda though.

It’s a bloody tough life.
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Clarkson admitted he bought his farm to avoid inheritance tax. That's why he's whining. It's astonishing naivety to think he's doing this for the farmers
 
masquesmog said:
no, they are not, but to quote Clarkson:

Jeremy wrote in The Times, "Land is a better investment than any bank can offer. The Government doesn't get any of my money when I die.

So let's not have him or Dyson speaking for farmers.

There is no way that working on a farm is an easy life, especially if you don't own it. But clearly there has been a tax avoidance reason to buy agriculture land (I am looking at you Clarkson and Dyson).

It isn't £1M, it is £3M IHT exempt for a farming couple (ie £2M more than a non-farming couple), then 20% IHT spread over 10 years, as opposed to 40% paid in 6 mths!

... and mostly avoided if you hand over parcels of yr land to yr kids 7 yrs before you die. I am sure there are various other avoidance schemes available too.
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It’s a bloody hard life.
And virtually all farmland get passed down from father to son.
God this is making me so angry I need to butt out
 
HolgateCorner said:
I know how you feel, me and the family have worked hard for years in heavy and dirty industry and been hammered for tax under PAYE resulting in no chance of building up any serious level of assets.

Some pensioners need £200 just to survive the winter.

I can’t comment for the landowners but this country is not an easy place to be working class.
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I think this is the rub.

Working hard isn't something exclusive to farmers. The reduction if a £5m tax break to a £3m tax break is hardly Stalinism.
 
Aet290204 said:
Clarkson - if you’ve seen Clarkson Farm - goes out of his way to say how hard it is to make a profit from farming. And that if he didn’t have any other income he would struggle.

Your bog standard farmer is not Clarkson or Dyson and avoiding paying any form of tax.

Crack on with your lefty agenda though.

It’s a bloody tough life.
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Clarkson isn’t a farmer, he isn’t doing this programme because of his love of farmers, he is getting paid millions by Amazon to produce a tv programme, and admitted himself he bought the farm to avoid inheritance tax. He probably knows as much about actual farming as me or you
 
Aet290204 said:
I think a bit of insight into the life of a farmer/farm workers would be beneficial, rather than a load of ignorant comments based on political bias.

But that’s just me.

Hey ho!
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It’s got nothing to do with the life of a farmer or farm worker
It’s about IHT
Do you really believe a farmers life is harder than a miner or a steelworker or a deep sea trawler man?
You ask for insight from others but won’t use the same insight yourself
Show some awareness of others lives
 
Aet290204 said:
It’s a bloody hard life.
And virtually all farmland get passed down from father to son.
God this is making me so angry I need to butt out
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As I said, farm work, as with many other jobs, can be incredibly hard.

But if you are a farmer who.actually owns the business, as a taxable asset, farmland (and associated assets) can be tax exempt up to £3M for a farming couple. As opposed to £1M for a non farming couple. In both situations this can be enhanced, probably more so in farming as opposed to being in PAYE etc.

If this makes you angry, yes, you need to butt out.
 
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Well I just hope the farmers blocking roads are subject to the same vitriolic hate stoking tabloid headlines about delayed Ambulances and people not making it to work etc as the just stop oil/extinction rebellion protestors were.
I also hope they are subjected to the same jail terms as those climate protestors were.
I look forward to the Daily Mail/Express/Farage/Baddenoch etc decrying the two tier policing should the farmers not receive the same police attention and jail terms.
 
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Aet290204 said:
I think a bit of insight into the life of a farmer/farm workers would be beneficial, rather than a load of ignorant comments based on political bias.

But that’s just me.

Hey ho!
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Nobody is showing political bias. They’re showing a desire for parity. Farmers work hard, lots of people work hard they’re not a special case above the rest of society.

There are farmers that own the land they work and farmers who lease the land they work and farmers who work someone else’s land. The big issue is land ownership. Large swathes of this country are “owned” by the elite, inheritance tax avoidance helps them keep themselves elite. Wealth disparage is the biggest problem this country faces. Were one of the richest countries in the world but also have desperate poverty because the elite have created a system that keeps the wealth in the hands of the few.
 
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