Paying farmers a lump sum to retire

Hfd Cattle

Member
Mixed Farmer
Location
Hereford
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.
Useless Ustace & Johnson have no one’s interest in mind other than their own!
Take the politics out and it's a good post !
 

nelly55

Member
Location
Yorkshire
Another hair brained scheme,one how many young can buy a farm,how many young don’t want to work the hours,how many young won’t work for next to nothing,how many young will only drive the biggest flashy machinery.let’s face it the younger generation won’t put up with the life styles us oldies put up with.Farmimg is a lifestyle not a nine to five job.I find it an absolute insult to say I don’t care about the environment.For one I have never been on a plane and my carbon footprint is low,second my farm is full of wildlife because we have livestock and most important the wildlife wants to live here.They say it takes a generation to make a farm,and one to loose it only time will tell.Now before anyone tells me off yes there are some really keen young farmers most who will never get a chance to farm because they haven’t a farm to inherit or the money to buy one.So maybe Boris should ask why did council smallholdings get sold off.
 

Werzle

Member
Location
Midlands
Tesco have brought a 200 acre farm near me too plant tree‘s on!
Carbon off setting. We have bought a swathe of land, ruined the local community , so f##k off and let us pollute the world. Its the new way big business will get around its carbon obligations. Its going to be very harmfull to poor countries who will sell off assets to these firms
 

Sid

Member
Livestock Farmer
Location
South Molton
Carbon off setting. We have bought a swathe of land, ruined the local community , so f##k off and let us pollute the world. Its the new way big business will get around its carbon obligations. Its going to be very harmfull to poor countries who will sell off assets to these firms

Quite good at ruining local communities is Tescos with their out of town stores and bland faceless express shops.
 

midlandslad

Member
Location
Midlands
I can see there being limited interest in this other than those that were actively looking to retire anway.

For those tenants on AHA agreements, why would you give up a very low rent house in a rural location, where a contract farmer effectively pays you a pension.

For owner occupiers it is a drop in the ocean of net worth so not enough to influence decisions.

The hard reality of the removal of BPS has not hit home for many and in a few years time when they are all complaining, DEFRA can say we offered you an exit scheme.
 

nails

Member
Location
East Dorset
An awful lot of crap posted above; whining about meager sums offered after taking handouts for decades, claiming how green geriatrics are as an excuse for not farming 'efficiently', and complaining about a free market...!

Anyone reading this thread could be forgiven for thinking that UK ag' is populated by a bunch of no-hopers who can't run a business on their own two feet and are afraid of competition because they know they aren't or can't be competitive. (Apologies to those who aren't ag' benefit claimants, this does not include you)

The only thing that anyone will have to complain about is if imported produce is to a lower standard. (y)


Can't you?
Yeah that is about right. Makes me laugh my effing head off when i read how all these farmers can manage without subsidy ,yet when late November comes . Where is my subsidy? thread appears:LOL::LOL:
 

midlandslad

Member
Location
Midlands
If taking this in any way devalues your land, then it's a dead duck.

As I understand it, you will have to surrender the entitlements and you will no longer be able to claim the dwindling BPS payments on the land, unless of course you then buy new entitlements.

Therefore the above will be of no interest to owner occupiers as they would feel the pain in terms of reduced rental income.
 

teslacoils

Member
Arable Farmer
Location
Lincolnshire
As I understand it, you will have to surrender the entitlements and you will no longer be able to claim the dwindling BPS payments on the land, unless of course you then buy new entitlements.

Therefore the above will be of no interest to owner occupiers as they would feel the pain in terms of reduced rental income.

Yes, that's fair enough. So long as the new farmer can claim elms etc...
 

Henarar

Member
Livestock Farmer
Location
Somerset
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.
Perhaps pay out the old farts at the NFU and get some fresh thinking directly elected upstarts in :whistle:
 

Agrivator

Member
What is the true age-profile in UK farming?
In this part of the world, Southern Scotland, there are are young folk in almost all the farms I know. There are plenty of old folk as well, but they are the ones who have guided the young folk in, mainly as family members, and who by steady leadership, have ensured that the farm remains viable.

But these old codgers also skew the age profile by giving their age on census forms where there is no facility to list the ages of all those on the farm - a serious omission by those bureaucrats who bodge up these forms in such a naive and slapdash way.

And what about the ''Law of Unforeseen Consequences? How will young folk from outside farming get the capital to take on a vacated farm? And will they be able to compete with existing farmers who wish to progress or expand?

Why is it that some seemingly intelligent folk have poor judgement?
 
Location
southwest
Can't see why any farmer would object to this idea.

For an older owner occupier, and extra tax free £100k might nudge him to retire rather than carry on for another year or two..
For a tenant, the payout would be a massive boost to his retirement fund.

Back in the 1980's there were farm amalgamation Grants to encourage small farmers to quit. One of our neighbours gave up and the farm (about 30 acres) was split between us and another neighbour. We got sweet FA as the landlord claimed the grant!
 

BrianV

Member
Mixed Farmer
Location
Dartmoor
I thought the most significant part of the BBC article was that on average 60% of farm income is from payments. This doesn’t say much for uk food production, if the government were interested in a degree of self sufficiency you would expect more questions to asked

Bg
Think those figure are totally misleading, there is no way 60% of farm income is from payments, 60% of any profits more like. It's articles like this that make the public think we are a load of scroungers & should be put right at once by our NFU if they are not to busy!
 
Location
southwest
It's a bit rich that lots of TFF posters say farming is always under attack from XR, PETA, environmentalists etc, profits are low (can't pay for H&S) can't get staff and numerous other gripes, but when a golden goodbye is offered, everyone says it's not enough!

What's the old saying "for two pins, I'd pack it in tomorrow" but not for £100 grand, apparently.
 

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