Probably not but an earlier post referred to family farms only carrying on because they’re not properly costing their time, how much is a farmer worth? £10 hour, £15 overtime? There have been plenty of threads on here where that would be mocked as appropriate pay for an employee yet if the farmer was working 60-80 hours a week, quite possible if they’re determined to carry on whatever that would be £700-££1000 a week, and they could be working 7 days a week, 52 weeks of the year. Reality is they could get by on an awful lot less than that depending on how careful they were , they could get by on far less than minimum wage, no employee would stand for that and anyone buisness minded would say it’s not worth it but for those who are determined to carry on,they need little more than a roof over their head and food to put on the table
These people who say farmers don’t cost their time fail to realise the farmer is probably living in a rent equivalent house worth £24,000/year. All of the household bills are paid by the business, the vehicles paid etc.
So if the farmer pays himself £1/hour in actual wages, he’s probably in reality on well over £30,000/year. Just because their wage slip doesn’t say £50,000/year doesn’t mean they don’t pay themselves.
The shrewd farmer has his LTD trading business pay all his bills and any profit at 20%. Then pays himself the minimal wage. All at the same time as owning assets privately not in the business. That’s the guy who gets criticised for not paying himself properly.