farmerm
Member
- Location
- Shropshire
That would be pretty pointless, take more with one hand only to give more UC back with the other
labour planning to scrap agricultural property relief
- Thread starter gloria1
- Start date
Why would it make contract farmers squeal?
The contract farmers will be the ones most likely to rent it or buy it if contract farming ceases to be a thing.
the small farm that hasn’t changed for 50 years isn’t suddenly going to start knocking out big outfits!
Swarfmonkey
Member
- Location
- Hampshire
That would be pretty pointless, take more with one hand only to give more UC back with the other
The answer to that is cut UC.
The lowest 6th deciles pay far less in than they take out. That is ultimately unsustainable.
farmerm
Member
- Location
- Shropshire
We are talking about Labour plans to remove reliefs, Labour would choose to raise the tax allowance and increase UC….
what’s their plan then, any relief on being a partner in a business goes on the death of another?
Swarfmonkey
Member
- Location
- Hampshire
Is it really Labour's plan? The idea was floated by a think tank (the IFS) last week. Needless to say, said think tank just happens to be one of those registered as a charity (#258815) in order to dodge taxes
Labour are even more idiotic than the current lot in power so I wouldn't put it past them to do something as stupid as scrap BPR & APR whilst simultaneously increasing the personal allowance and UC.
It’s only a tax delay though as if you ever want the cash you have to sell and then pay tax
You get chat like this before every election. As we all know every party that is in power rarely achieves any thing that they claim they want to do! If any party was to implement something like this they wouldn’t last long as any wealthy backers would soon stop paying them huge sums!
- Location
- Somerset
What are you on about
- Location
- Somerset
I think a lot of people would support something that removed it over a certain threshold, but making people pay it on every acre is absurd. A teired system would solve the Dyson problem and allow smaller farmers like myself to expand due to the value of land decreasing (in theory).
- Location
- Haute Vienne, France
This is what happens in France. Land with a long term tenant gets up to 75% relief so most owner occupiers creates tenancies to use the loop hole. Even if it was a good idea its now used by everyone.
- Location
- South Wales UK
We will all have to become a registered charity is it???
Good idea.. The Non National Trust would be a good name for my charity!
- Location
- South Wales UK
Most of us work for nothing so be ok
Cowabunga
Member
- Location
- Ceredigion,Wales
If the small farms could expand easier then the bigger farms would be able to expand even easier still, thus continuing to freeze out the smaller farmer. It’s dog eat dog and that is how the capitalist system works and is meant to work. Survival of the fittest under competitive pressure through innovation and scale to spread the fixed costs over more units sold.
Indeed and why would anyone assume that the 7 year rule will stay in place forever? If they’re gonna change things then it will be looked at too.
But politicians only realise mistakes after they’ve fekked things up, in spite of repeated warnings beforehand. They keep on doing it.
It will make zero difference to helping smaller farmers. the same laws of competition apply, I cannot see how anything would change in relation to expansion and scale.
no offence but a small farm isn’t going to start out-bidding a velcourt or a px farms.
The ones that have aggressively grown over the last 30 years will carry on, those who haven’t won’t. Land being abit cheaper isn’t suddenly going to change the mentalities of people.
glasshouse
Member
- Location
- lothians
Shortage of labour will cripple big units who wont be able to aadapt to mixed garming