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Farm Business
Agricultural Matters
Recession my arse
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<blockquote data-quote="nxy" data-source="post: 8274446" data-attributes="member: 466"><p>Is there VAT on food now in the UK? Never used to be in the UK nor on lots of other things that we pay vat on in france (though food is at a lower rate than say booze)</p><p></p><p>Many countries charge a tax on farm land. Ours is about 20-30 euros a hectare per annum. </p><p></p><p>We also have a wealth tax on total assets worth more than 1.3 million euros. Its on a sliding scale and tops out above 10 million when you pay 1.5% on its value annually. Fortunately agricultural land is exempt.<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="nxy, post: 8274446, member: 466"] Is there VAT on food now in the UK? Never used to be in the UK nor on lots of other things that we pay vat on in france (though food is at a lower rate than say booze) Many countries charge a tax on farm land. Ours is about 20-30 euros a hectare per annum. We also have a wealth tax on total assets worth more than 1.3 million euros. Its on a sliding scale and tops out above 10 million when you pay 1.5% on its value annually. Fortunately agricultural land is exempt.:) [/QUOTE]
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Recession my arse
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