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Farm Business
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Rates of pay
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<blockquote data-quote="Phil P" data-source="post: 7181205" data-attributes="member: 33598"><p>Yes, I am a farmer, well, most of the time anyway <img class="smilie smilie--emoji" loading="lazy" alt="😉" title="Winking face :wink:" src="https://cdn.jsdelivr.net/joypixels/assets/6.5/png/unicode/64/1f609.png" data-shortname=":wink:" />. </p><p>I think a lot of farmers don’t put a value on what that actually pay themselves! I live off the yard have a wife, kids, and a mortgage to pay for and a take an appropriate wage.</p><p>If I was living in the farm house I wouldn’t take as much of a wage as I’d have no mortgage but the company is in effect paying rent for the farm house so on paper I’m not being paid as much in wages. </p><p>A lot can’t get there head around benefits in kind when it’s a company house and the company pays council tax and utilities etc, they don’t associate it with there income.</p><p></p><p>However that’s a whole different debate.</p></blockquote><p></p>
[QUOTE="Phil P, post: 7181205, member: 33598"] Yes, I am a farmer, well, most of the time anyway 😉. I think a lot of farmers don’t put a value on what that actually pay themselves! I live off the yard have a wife, kids, and a mortgage to pay for and a take an appropriate wage. If I was living in the farm house I wouldn’t take as much of a wage as I’d have no mortgage but the company is in effect paying rent for the farm house so on paper I’m not being paid as much in wages. A lot can’t get there head around benefits in kind when it’s a company house and the company pays council tax and utilities etc, they don’t associate it with there income. However that’s a whole different debate. [/QUOTE]
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