Random Irritations

Arthur Wedge

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Living in a rural community, I see totally the other side to this. Farmers are struggling and what we are talking about is generational farmers passing on the land to their children. The land may have a great value but that is only if you sell it. So, you sell the land to pay the inheritance tax and you get no more farm or more large, industrial farming.

My ex father in law owns a farm where the land has a theoretical value over the figures you quote but it remains a daily struggle to actually make any money. He is certainly not a rich farmer. Look at the rates of suicide over financial issues with farmers. Not everyone is Clarkson with millions in TV money behind him.

Spend a while living in an actual farming community with the people who actually work the land and then make up your mind.

It’s about 70 farm lands in total that will be affected by the tax rise

It’s not affecting all the farmers

The land will be worth a fortune before they have to pay 20% tax and over ten years as well

Guess they don’t have any issues with everyone else having far lower thresholds

The farmers already getting millions of subsidies as it - shame they voted for the B
 

GB72

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It’s about 70 farm lands in total that will be affected by the tax rise

It’s not affecting all the farmers

The land will be worth a fortune before they have to pay 20% tax and over ten years as well

Guess they don’t have any issues with everyone else having far lower thresholds

The farmers already getting millions of subsidies as it - shame they voted for the B

As I said, spend some time actually living in a rural farming community and see the reality of the situation for farmers and then make up your mind. I see it every day and so fully appreciate the standpoint of the farming community.
 

PJ87

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As I said, spend some time actually living in a rural farming community and see the reality of the situation for farmers and then make up your mind. I see it every day and so fully appreciate the standpoint of the farming community.

But that's the thing these farmers you mention won't be the ones effected by this change. Once all the allowances are taken into account they will sale under the limit
 

Arthur Wedge

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As I said, spend some time actually living in a rural farming community and see the reality of the situation for farmers and then make up your mind. I see it every day and so fully appreciate the standpoint of the farming community.
Not exactly big city around here and surrounded by plenty of farmers at the golf club etc - their idea of “struggling” is massively different to others

And the ones that do work hard and make ends meet won’t be affected by this tax

This is specific to farms that will sell for over £3mil - if only we all had that level of equity
 

GB72

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But that's the thing these farmers you mention won't be the ones effected by this change. Once all the allowances are taken into account they will sale under the limit

I am certainly willing to see how this impacts in practice and would be more than happy to be wrong. My frustration is the general (and this is not aimed at you or anyone) to demonise the farming community as a whole as rich country gents living a lavish lifestyle when the reality for most is that it is a very hard life of long, hard days with not much reward and the levels of suicide in rural communities are shocking.

Maybe this is not the best mast to tie a flag to but there needs to be far more awareness of the problems facing rural communities (if anyone complains about the lack of services where they are, try living a bit off the beaten track) and the current trend to depict farmers as the landed gentry is a massive frustration.
 

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Not exactly big city around here and surrounded by plenty of farmers at the golf club etc - their idea of “struggling” is massively different to others

And the ones that do work hard and make ends meet won’t be affected by this tax

This is specific to farms that will sell for over £3mil - if only we all had that level of equity
You are missing a big point here. The tax is paid on the value of the farm, not what actual money the farmer has. Just because your land is worth loads doesn't mean you can spend that at the shops. The same applies to people who live in big expensive houses but struggle to pay the bills each month.
 

GB72

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Not exactly big city around here and surrounded by plenty of farmers at the golf club etc - their idea of “struggling” is massively different to others

And the ones that do work hard and make ends meet won’t be affected by this tax

This is specific to farms that will sell for over £3mil - if only we all had that level of equity

A very fair demographic of the farming community, those who golf at a private golf club. Try a few weeks in rural Lincolnshire where pretty much everyone I know is a farmer, farm hand or works in an job connected to farming and you would see how things are on broader scale. Yes there are well off farmers as there are well off people and not so well off in most jobs but it is the willingness to pidgeonhole all farmers into your impression of them. It is very possible to be asset rich and very cash poor when you are carrying on a family business.
 

Arthur Wedge

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A very fair demographic of the farming community, those who golf at a private golf club. Try a few weeks in rural Lincolnshire where pretty much everyone I know is a farmer, farm hand or works in an job connected to farming and you would see how things are on broader scale. Yes there are well off farmers as there are well off people and not so well off in most jobs but it is the willingness to pidgeonhole all farmers into your impression of them. It is very possible to be asset rich and very cash poor when you are carrying on a family business.

But those farmers won’t be the ones affected by the inheritance tax unless they value the farm well over £3mil
 

Beezerk

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My employers now ex payroll company messed up everyone’s HMRC submission a few weeks ago so it made it look like we all had 2 jobs. Got a nice letter from HMRC asking for £2500 before April 2025, lovely.
It looks like the tax code cock up isn’t going to be resolved by our next pay day so I’ll probably be hundreds of quid out of pocket. Then I’ll have the dance with HMRC to see how much of that I can claw back 🤦🏻
 

Arthur Wedge

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You are missing a big point here. The tax is paid on the value of the farm, not what actual money the farmer has. Just because your land is worth loads doesn't mean you can spend that at the shops. The same applies to people who live in big expensive houses but struggle to pay the bills each month.

And how many of these farms are well over the threshold that means they will pay 20% over 10 years

The cry was 70k but reality it’s closer to 100 and mainly very affluent farmers who have hoovered up land
 

PJ87

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A very fair demographic of the farming community, those who golf at a private golf club. Try a few weeks in rural Lincolnshire where pretty much everyone I know is a farmer, farm hand or works in an job connected to farming and you would see how things are on broader scale. Yes there are well off farmers as there are well off people and not so well off in most jobs but it is the willingness to pidgeonhole all farmers into your impression of them. It is very possible to be asset rich and very cash poor when you are carrying on a family business.

What I'd like to see is of the number of farms that will be affected how many are owned by the likes of Clarkson, Dyson and such who bought them to avoid tax .. rather than actual farmers
 

PaulMdj

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A very fair demographic of the farming community, those who golf at a private golf club. Try a few weeks in rural Lincolnshire where pretty much everyone I know is a farmer, farm hand or works in an job connected to farming and you would see how things are on broader scale. Yes there are well off farmers as there are well off people and not so well off in most jobs but it is the willingness to pidgeonhole all farmers into your impression of them. It is very possible to be asset rich and very cash poor when you are carrying on a family business.
Can I ask what you think would be fair?
The arguments the Farmers are putting forward about food prices and struggling etc are because they’ve been battered for years, this inheritance tax is just the next thing to hit them. These protests should of started 10 years ago at least.
The Farming and Fishing industry have been sold a pup!

Were was all this outcry when people like Dyson snd Clarkson are buying hundreds of thousands of acres purely to avoid inheritance tax.
 

GB72

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What I'd like to see is of the number of farms that will be affected how many are owned by the likes of Clarkson, Dyson and such who bought them to avoid tax .. rather than actual farmers

This I can very much agree with. They are not representative of the general farming community.
 

PaulMdj

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I can’t stand Clarkson, but I have to give credit, were credit is due, the National Hotline for Suicide Prevention in the Farming Industry was set up and is fully funded by him.👏👏
 

GB72

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Can I ask what you think would be fair?
The arguments the Farmers are putting forward about food prices and struggling etc are because they’ve been battered for years, this inheritance tax is just the next thing to hit them. These protests should of started 10 years ago at least.
The Farming and Fishing industry have been sold a pup!

Were was all this outcry when people like Dyson snd Clarkson are buying hundreds of thousands of acres purely to avoid inheritance tax.

I totally agree. the issues facing the farming communities did not happen overnight and they have been hammered by supermarkets in the quest for cheap food that looks the way they think their consumers want. The voices of the rural communities have gone unheard of for decades in all sorts of area such as prices, services and even policing.

I have no desire to protect Clarkson, Dyson etc and perhaps there could be a generational exemption when a farm has been in the same ownership for a certain period of time.
 

upsidedown

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It’s about 70 farm lands in total that will be affected by the tax rise

It’s not affecting all the farmers

The land will be worth a fortune before they have to pay 20% tax and over ten years as well

Guess they don’t have any issues with everyone else having far lower thresholds

The farmers already getting millions of subsidies as it - shame they voted for the B
You have absolutely no idea what you're talking and I can't be arsed to argue the toss with you 🤬
 
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