I agree totally. What timescale?
Paying farmers a lump sum to retire
- Thread starter Sid
- Start date
It’s just a method of letting those who are reliant on the subs to get out now without declining into more and more debt over the next few years, in a way that is cost neutral to the taxpayer. The worst thing I fear about ELMs is that it’s being designed/ trialed by consultants who are going to make it incredibly complicated to work out what payments to what person - mainly so that consultants will be needed in the future to fill out all of the forms. We will be looking back at full hedges, half hedges, greening etc as a golden age of bureaucracy.
- Location
- South Molton
Well you have failed maths as poultry get no direct subs.
As I see it
You lose the BPS
You lose the CSS
You lose the subsidised house, putting proportion ofheating etc through the business.
Where can you invest the capital you have gained for a decent return?
Thank goodness we have that wonderful NFU standing up for us farmers, at least that was what I thought they were supposed to do!
UK government to pay older farmers to retire
Older farmers in England will be paid to retire under a government scheme.www.bbc.co.uk
Average farmer could get 50k with the largest landowners getting 100k
Average farmer gets 21k per year
"Older farmers are often most resistant to new "green" methods, and Environment Secretary George Eustice wants them to move on"
"The government believes that younger farmers will be more open to new nature-friendly ideas and more inclined to seek income by diversifying into businesses such as camping or glamping."
Basically old farmer produce food for a living, whereas young farmers have to subsidise the food side of the business with a diversification. Why even bother with food production?
Discuss
If older farmers won’t be able to make a living with the governments sell out of England’s farmers how the hell can younger farmers who would need to borrow a small fortune to get started, this has to be the worst government in our living memory.
Ah, see, that's single maths, we did double maths
.https://thefarmingforum.co.uk/index.php?threads/double-maths.325448/
Crikey foods going to get very expensive in the next few years.
A high percentage of farmers are retirement age & subsidise the farm with their pension.
Where are all the youngsters that want to work for low wages?
Farms still need to be profitable & profit is the easiest way to get youngsters interested not removing the old ones & letting the next generation scratch a living.
A high percentage of farmers are retirement age & subsidise the farm with their pension.
Where are all the youngsters that want to work for low wages?
Farms still need to be profitable & profit is the easiest way to get youngsters interested not removing the old ones & letting the next generation scratch a living.
- Location
- South Molton
Depends on your standard of living.
I know some who's last major expense was when colour TV first came out!
The NFU can still put a positive spin on this ..
Buy a new pickup when you retire and receive a discount
- Location
- South Molton
Bingoit’s that little word “Profit” that makes the world go round.
Both of you wash your mouths out with soap!
Won't have that sort of filth in an agricultural forum!
- Location
- Aberdeenshire
Give a generation addicted to subs even more money. Whoop whoop. What a good idea!
Doesn’t help at all with the next generation funding their entry to farming. Stop subs over a certain age and give the money to the younger farmers.
Given the comments on here already and the average age of farmer I’m sure this will go down like a fart in a lift, but sometimes the truth hurts.
Doesn’t help at all with the next generation funding their entry to farming. Stop subs over a certain age and give the money to the younger farmers.
Given the comments on here already and the average age of farmer I’m sure this will go down like a fart in a lift, but sometimes the truth hurts.
What a clever wheeze by Johnson persuade older farmers to give up active farming with a lump sum that will be taxed as income in a single year then when father passes away there will be no agricultural exemption for IHT so the government screws you over again.The NFU can still put a positive spin on this ..
Buy a new pickup when you retire and receive a discount
Useless Ustace & Johnson have no one’s interest in mind other than their own!
Let's be honest if you own your own farm you can make a decent living as long as you have 100 acres, if you are paying rent then it's obviously a different situation I can see quite a few tenants looking at the figures but very few owner occupiers.
Farming has a bright future for those who sell direct those producing commodities will have to fo it at workd prices and need to dump all unnecessary cost including FA it's in our own hands and the nfu, cla need to grow a pair, perhaps they are the ones who need the 50 grand and let some hard nosed business people run it.
Farming has a bright future for those who sell direct those producing commodities will have to fo it at workd prices and need to dump all unnecessary cost including FA it's in our own hands and the nfu, cla need to grow a pair, perhaps they are the ones who need the 50 grand and let some hard nosed business people run it.
Got to be honest & say I don't think it's their idea , it's been going around for some time, I went to a NFU meeting several years ago & they were saying about the inefficiency in agriculture and that larger farms needed breaking up as they were the most dependent on Subs. So maybe this is away of sub dividing larger farms into smaller starter units?
Just another sign of how much they really don’t want us to be producing food in the UK at all.
Govt policy is all about rewilding and that’s been the message for years now but we just don’t get that and carry on producing no matter how much we are up against it or how many obstacles they put in place to make it unattractive.
Must be pulling their hair out that their dreams of a national forest etc. may be in doubt so decided throwing some money at us to give up will do it.
Anyone that thinks we won’t be signing up to a trade deal with Aus & NZ is deluded. Just yet another nail in Defra’s armoury.
Govt policy is all about rewilding and that’s been the message for years now but we just don’t get that and carry on producing no matter how much we are up against it or how many obstacles they put in place to make it unattractive.
Must be pulling their hair out that their dreams of a national forest etc. may be in doubt so decided throwing some money at us to give up will do it.
Anyone that thinks we won’t be signing up to a trade deal with Aus & NZ is deluded. Just yet another nail in Defra’s armoury.
As most of the NFU's income is land based you can be pretty sure it is working for larger farms/estates & not traditional family farms, IHT exemption is only applicable if you are an active farmer when you die so why not get all the older farmers out of the business.
A more profitable better option is to fire any workers, let any cottages at a true market rate & spend your final days taking it easy collecting eco money & then be able to leave the farm to your kids IHT free.