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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
Production Based Subsidies
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<blockquote data-quote="Kiwi Pete" data-source="post: 4191300" data-attributes="member: 63856"><p>Yes, I was meaning more of that.. no income tax, business tax, or CGT </p><p>Basically - no form of taxation on active commodity producers is as good as a cheque..</p><p></p><p>..provided you actually turn a profit that would be taxed, of course.</p><p></p><p>If you can't, then a basic top up of up to say 25k per business as a living allowance, (or whatever name is put on it) but not enough for the BF to replace his combine with <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite3" alt=":(" title="Frown :(" loading="lazy" data-shortname=":(" /></p><p></p><p>Just throwing it out there, as I can't speak for the WTO <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /> </p><p>...but that way the safety net is still there, and it would reward efficiency/profitable business better than an area payment can. </p><p></p><p>And possibly, help rectify some of the problems that the SFP has created, which have already been discussed to the death on here <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite59" alt=":facepalm:" title="Facepalm :facepalm:" loading="lazy" data-shortname=":facepalm:" /></p><p></p><p>Unfortunately the WTO is possibly going to be of the view, that it's simply a matter of produce to the world market price or import it from elsewhere. Not ideal for UK AG in the short term anyway, if at all.</p><p></p><p>Stuffed if I know, that's just an 'outsiders view' based on what I understand of the systems in place.</p><p></p><p>But to the OP- I doubt it would be WTO putting the stoppers on it; with the current emphasis on aesthetic and environmental protection and what's been spent on stewardship schemes to date, it would take a brave government indeed to even suggest a payment for farmers to crank up production. Perhaps as likely as an all organic UK... again, IMO.</p></blockquote><p></p>
[QUOTE="Kiwi Pete, post: 4191300, member: 63856"] Yes, I was meaning more of that.. no income tax, business tax, or CGT Basically - no form of taxation on active commodity producers is as good as a cheque.. ..provided you actually turn a profit that would be taxed, of course. If you can't, then a basic top up of up to say 25k per business as a living allowance, (or whatever name is put on it) but not enough for the BF to replace his combine with :( Just throwing it out there, as I can't speak for the WTO ;) ...but that way the safety net is still there, and it would reward efficiency/profitable business better than an area payment can. And possibly, help rectify some of the problems that the SFP has created, which have already been discussed to the death on here :facepalm: Unfortunately the WTO is possibly going to be of the view, that it's simply a matter of produce to the world market price or import it from elsewhere. Not ideal for UK AG in the short term anyway, if at all. Stuffed if I know, that's just an 'outsiders view' based on what I understand of the systems in place. But to the OP- I doubt it would be WTO putting the stoppers on it; with the current emphasis on aesthetic and environmental protection and what's been spent on stewardship schemes to date, it would take a brave government indeed to even suggest a payment for farmers to crank up production. Perhaps as likely as an all organic UK... again, IMO. [/QUOTE]
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