Reintroduction of business rates on land and buildings

[Macsky]

What are the chances of this happening to increase revenue post covid? Ive heard that that this could be the case, 50% of farm rental value + buildings value.

 

[vantage]

Dream on.

 

[teslacoils]

Nil.

 

[Doing it for the kids]

It’s all very well asking for this but surely the Power that be will realise it pointless as there just isn’t the income to pay for it?

 

[DealeyPlaza1963]

It should and hopefully will be included in any review of potential changes to taxation, along with the roll-over relief on land.

 

[livestock 1]

It should and hopefully will be included in any review of potential changes to taxation, along with the roll-over relief on land.

Haha

 

[Exfarmer]

I think we should all keep our heads down on this one. I think 90% of the public would be surprised to learn this, and many farms run close to the wind

 

[yellow belly]

Rates on farm land would cost more to collect than it would raise once sfp has gone

 

[goodevans]

It’s all very well asking for this but surely the Power that be will realise it pointless as there just isn’t the income to pay for it?

Pubs have to pay it and theres even less income there

 

[Doing it for the kids]

Pubs have to pay it and theres even less income there

really!?

some pubs, especially now, are in dire trouble granted.

pre Covid there were plenty earning good money after all expenses.

it would depend how much was charged I suppose

 

[Barleymow]

Local pub doesn't pay rates as it's the only one in the village

 

[Dave6170]

Rates on farm land would cost more to collect than it would raise once sfp has gone

They did it here in scotland with the shooting rights rates. Most are exempt only bigger estates have to pay it but it can be a substantial amount though

 

[Ashtree]

I thought Corbyn lost!!!

 

[Grandad Pig]

To be honest, if the great British public were aware of the agricultural exemption I think there would be an outcry. I can just imagine the examples chosen in the Daily Fail or the Sun, huge agribusinesses, not smaller struggling family farms.

Boris seems more concerned with pleasing his electorate than making good decisions.

As said previously, keep your collective heads down and fingers crossed. Being poor has never stopped the government squeezing for a bit more cash, VAT, Poll Tax, Council Rates, and so on.

 

[Yale]

Look at the high street and see what is happening.

Put any substantial land tax on farms and see the same thing happen.

We can survive without the high street but we can’t survive without farms and cheap food.

Dearer food = riots.

 

[Smith31]

It will happen at some stage, no doubt whatsoever. If single mothers on benefits with no savings have to pay council tax, why would asset rich farmers be spared, if the government needed funds.

The Conservatives have a massive inner city vote, future policies will be structured to retain that vote, at our loss.

 

[Grandad Pig]

The high street is being replaced by on-line shopping. UK farming could just as easily be replaced by cheap imports.

 

[Dry Rot]

It certainly follows bureaucratic logic to pay SFP with one hand and claw it back as a tax on the other! More jobs for the jobs worthy.

 

[Exfarmer]

Remember the farms will stay bankrupt or not!
The French government has always considered the SFP as being a huge subsidy to their tax system, since they can tax land which is getting some revenue

 

[Ashtree]

I thought Corbyn lost!!!