I don't remember this fuss when universal credit was cut for the poorest in the country after covid. Nobody said a word about the cut to assisted living allowance for the severely disabled under the Tories. But now multi millionaires have to pay tax like ordinary people.
The Tories gave out cost of living payments to people on benefits and gave money to the elderly to keep there homes warm Labour absolutely nothing You've been fooled
Nor for NHS workers, teachers, basically anyone working and having to use food banks to make ends meet.. The difference is that this lot who actually are affected, many have the title "Lord" and the newspapers are in their pockets Nobody gave two 💩💩s about farmers two months ago or for the last few decades
OMG is it really so hard to understand??? Farms are so expensive BECAUSE they didn’t have to pay inheritance tax, which drove Dysons and Clarksons of this world to buy swaths of land to avoid tax, which drove land prices 370% up. Jeezus people… I know it’s Britain but surely you can grasp that right?
That is NOT why land prices or any other asset for that matter is high. ALL property has gone up which is a direct result of monetary expansion. I wouldn’t expect socialists to understand how economics works though so I’m not surprised by the utter twaddle spouted all over LBC videos
Reeves needs to come to the table and say this!! She needs to pull in the farmers on the street and a bunch of accountants and show them how this works.
Preach! If people can’t delineate the cause and effect chains of need vs. greed, then we’re all just gibbering at each other to the comfort levels of the greedy.
@@DennisMoore664 . I challenge ANYONE to pull themselves up by their bootstraps. Try it. It's much easier to just inherit your livelihood from your family. All these 'self-made' millionaires and billionaires turn out to be nepo-babies.
But labour haven't targeted people like JC with the IHT it specifically targets the average family farm. If they wanted to go after the bigger land owners its as simple as this. *'If you earn the majority of you're income from farming the land you are exempt from IHT' . Everything Labour has done to farmers will ONLY benefit billionaires and foreign investment companies as farmers are forced to sell land and it wont be farmers buying the land thats up for sale. British food will more expensive and there will be less of it on the shelves and we will be importing more food in making foreign countries richer whilst simultaneously the famous British countryside gets turned into solar farms, housing estates & wind turbines. Steel and concrete
When I went agricultural college in the late 1980s, a large farm was considered 2000 acres plus a small farm was considered anything under 500 acres. Now we have Dyson has bought up 36,000 acres and we think it’s acceptable. He should pay no tax on that?
Ok. Raise the tax level to match that then. Experts predict 60% of farmers with 250 acres plus will have to sell of 20% of their land to cover the tax bill. Who will buy that land? Not farmers but companies who are exempt from this.
@@Jack-uy7ie because most farmers are not thinking about this moment till the next moment, they’re thinking about 10 years time, not everybody is on their deathbed. The reason why farmers want to make the farm bigger is so it will make it more profitable. tenant farmers are always looking for the opportunity to buy their own land. It’s how it’s always been. but in recent years land doesn’t come up for sale very often. if you wanna point a reference just look at the Yorkshire shepherdess, the farm they run is tenanted. but they’ve managed to buy. I think it’s 48 acres and that means the world to them. They finally have some of the own land, and I can assure you the chance for then to buy more they certainly will.
It seems completely normal to destroy an industry that feeds us ALL as our population increases by 760,000 a year just because a billionaire has got around the rules I suppose if Dyson had bought Keira glasses none of this would have happened Did you really go to agricultural college? You seem desperately ignorant of the actual situation
I live in The Netherlands, a country which produces far more food than the UK despite being tiny in comparison. The argument that we would starve if some people who inherited extremely valuable farming land had to pay IHT on it is a joke. If someone is sitting on 5M of land and only earning 30k a year then it's economic insanity continuing to farm that land. It's worth 5M, they can sell the land, pay 1M tax, take the 4M and put it in an investment account. There it would earn between 100-200k a year in interest. They could take 60k out - DOUBLE their yearly earnings - for literally doing nothing. Their savings would appreciate and compound. In a decade that 4M will be 6M at 5% gains (and the markets are higher than that).
@@JPlive-v3k only the failing farmers will; there are plenty who are making a LOT of money. I grew up in the sticks and have farmers in my family... most are doing very well for themselves. As a rule fo thumb it's the tenant farmers who aren't.
And then we have no farmers, and then no food, great idea, but that's why the WEF Govmt are doing it, because they want their farms. Its called COMMUNISM, and we all know how well that goes.
They don't want to have a conversation about something that is Long Overdue and isn't a big deal to anyone apart from Tax Dodgers who don't even do Farming anyway.
Before 1984 farmers payed inheritance tax at a higher rate than proposed, there were a lot more family farms back then than now. Since the tax loophole was introduced land prices have skyrocketed probably a huge reason why there are less family farms now than then.
@@claretblue2509But thats the point, the yield on farmland is awful that family farms shut up shop, so the likes of Clarkson roll in and buy that land with the sole intent of using it to avoid tax thus driving up the price of farmland. You stop the loophole and you’ll find the price of farmland falls and with it the likelihood of having to pay IHT!
That is not the reason why there are less farms. Cheap food prices and increased fuel and fertiliser prices, has put farmers out of business. The latest idiotic idea will see more farms collapse.
I am a farmer... I don't like him. I know alot of farmers that don't like him. He is the sort of rich guy who has just waltzed into the world of farming who should be taxed along with many like him But he is actually (and I can't believe I'm saying this) talking some sense in this situation
@@viewer.123 The information I have is the tax threshold for a couple is 3 million which puts the majority of farmers outside the tax and 50% of farm land is not owned by the farmers that farm them which has skyrocketed land prices
Clarkson, a super wealthy man, who bought his farm primarily to skip out on inheritance tax. The hypocrisy. And you know Clarkson is a rampant right winger. This is just another way for the rich and the nobility in the UK to skip out on taxes
he bought a farm to have a shoot, his farm are in his kids name all he needs to do is stay alive for 7 years . And you sound a Left wing muppet and you are whats wrong with the country .....Being rich just like me takes effort and hard work ....try it yourself
IHT on farms is just a correction to a loophole that's existed for the past 40 years. Farmers should be highlighting the issues they face from large conglomerates (i.e supermarkets) who've ripped into them over recent years. However, we have a right-wing press who focus on profit as being the number factor in life.
Profit is critical when the government continues to deficit spend, inflating the money supply to do so. If you don’t create more profit every year than the year before, inflation starts to eat into your business and eventually your business fails. Why do people who know nothing about how the monetary system or businesses work feel qualified to speak on either matter. You clearly have no experience in either field so why do you feel that displaying your brain damage in a public forum is in any way beneficial.
A lot was promised before Brexit and the farmers voted for it in their thousands which led to loss of EU subsidies. which provided nearly £3 billion a year to UK farmers. For some farmers, these subsidies made up 90% of their annual income. The loss of freedom of movement has also made it harder for farmers to find seasonal workers to harvest crops and process animals. Before Brexit, almost all fruit, vegetable, and flower pickers were from the EU.... Brexiter Badenoch and her fellow tory brexit voting MPs had a cheek marching with the farmers today
They received far more votes than any other party. Also Brexit has contributed to farmers downfall, why don't we undo that instead?@@clownofthetimes6727
If a month ago Keir Starmer wanted to discuss the minutiae of exactly what the inheritance tax on farmers meant, he'd be drowned out by 'journalists' across all varieties of the client media relentlessly pressing him to tell them what a woman is.
Stop letting all the freeloaders in to use our services, more people = land and house prices go up, it ain't rocket science, did you bother with school ?
You should also ask the question why the government runs so callers tax free islands? Who is legally tax evading by using those islands? Banks, every once in a while bailed out by the tax payers. They made enormous profits by charging us 6-7 percent interest on mortgages but paid peanuts for saving and nothing for current account balances? Why not ask them to pay more taxes? How about the royals they don’t pay taxes do they?
Most of my family spent their lives deep underground mining coal until the tories decided to destroy the entire industry and the towns and villages that relied on that lost economic structure, a structure that was never replaced. Those Miners, their families, children and neighbours were simply told 'get over it' ...'That's the past' retrain, get new different jobs, move on' ... Those miners (and steel workers etc ) had never benefitted from years of subsidised and grant indulged financial aid ) where were the farmers then ? Why was Clarkson etc so silent ? The farmers must have been lousy money managers. With luck the main impact of this will be to drive the Dysons and the Clarksons out of agric'land ownership.
Farmers aren't to blame for the Vale of their family home increasing, just like the value of your grandmother's home!!! But inorder to carry on farming it's needed to farm, no money changes hands, and nothing is sold. If sold there's capital gains tax anyway!! The asset doesn't generate enough to pay its tax, yet that asset is needed to make a living!
@@LowPlainsDrifter60£22 billion black hole that the Tories made ..The EU used to pay subsidies to the British Farmers and they voted against it! So they shot themselves in the foot. So they reap what they sow unfortunately
Lets be clear - Farmers being "Cash Poor" is largely a *Strategy* for dodging taxes. If you don't show profit, you don't get taxed. My family grew up farmers, everyone around us were farmers, and the end of year discussion was always "what can we buy as a farm improvement/capital investment to put us in the red or wipe out all of our profit so we drop into a lower tax bracket?" If you are cash poor sitting on a 5 million investment, that is a you problem in managing that asset, and I think we actually should be MORE incentivized to take it off of you via inheritance taxes, because there's somebody out there who can't hardly manage it worse!
Yes, it is incredible how they are trying to gaslight us that no one else but them can farm... produce food, no one could do a worse job they have done in the last 50 years, our countryside is an absolute desert.
what everyone in the comments and british airwaves fail to understand is that the argument is not that FARMERS ARE POOR it is is that SOCIETY IS BETTER OFF WITH SMALL HOLDERS THAN LARGE CORPORATIONS CONTROLLING LAND AND FOOD. Everytime a "multi-millionaire" farmer sells, guess who is buying? A billionaire or a corporate giant or a private equity company. This is just hiding the real wealth that is waiting for the farmers to close shop and throw in the towel. I totally disagree with the ultra capitalist view taken by this commenter. Yes, industrialized farming is more profitable but is it better for society? Is it better for food quality and health? Would society be better off if those farmers moved into the cities to work at McDonalds? Or do these farmers represent the pride of England, our deep pastoral tradition stretching thousands of years? Yes, everything changes, but it is the most disgusting form of false conciousness because it makes farmers seem like richie rich when the hoarders are wealth can't hold in their happiness as they wait for family business to go under. Bye bye farmers of generations of caretakers of the land! Hello American agri business!!
The sooner Clarkson understands that he is not needed in this world, the better. If he has a problem with being asked to pay a fair share of the tax burden, he may find Bulgaria nice
Because the actual threshold is £3 million and at 20% in 4 years Clarkson made the same from subsidies than he would pay in inheritance tax on his £4.55 million pound farm.
Brexit wahooooo. Which farmer decided to vote for Brexit? Well done to you. Keep listening to Boris Johnson, Nigel fareage and others who told you it's best thing for UK
Yeah .. farmers for the most part vote for Brexit .. then Brexit proves to be a con .. there all of a sudden is no one to work in the abattoirs and pigs are killed in the fields, fruit and veg and flowers lay rotting in the fields as Brits are too lazy to do the jobs .. then “Save British Farming” you tube channel attacks the Tory govt for selling out farmers .. then the same government goes looking for trade agreements to save their Brexit faces .. then Australia and New Zealand get great trade deals (for them) and literally laugh through their news channels at the British farmers .. and this leads to the Labour Party being voted in and picking up the mess .. and so now the farmers are protesting in the streets about another government! Keeping up? 😂😂😂🇬🇧🇬🇧🇬🇧🇦🇺🇦🇺🇦🇺
@@emilymccartney1593 Exactly mate, wasting data like the rest of them do. Happy to moan when it suits but not happy back up their facts when challenged. As simple as a child, they don't seem to grasp irony 😂
@@beautifulpeople1427 Yes because you have nothing of value to say 😂. Name calling from a person called Beautifulpeople, classic cabbage patch mentality 👏🤣
Farmers complaining because they have to pay IHT at 20% on estates over £3 million is a joke! Why not transfer the ownership of the farm to their heirs now? Job done!! Pension winter allowance removal is something to stand up for. Not this!!
yes because apparently we would all starve without them, growing stuff is next level quantum mechanics appreantly, nothing to do with just having access/ownership of the land and cheap labour... ff s
@@stevenmoore3480Farming is expensive to get involved in and is very difficult to understand. Coming from a family who owns a farm. Just take it from the black death when farmers/ peasants who knew farming knowledge/ farming equipment become high in demand. It's not easy as you make it out to be.
@@stevenmoore3480Us farmers could have a week off (we barely get a day off nevermind a week) and people in this comment section can come and run the farms since it's so easy
On Red Diesel eg a heavily tax subsided fuel that you're only supposed to use on the public highway within a small radius of your Base. Not schlepping to the big city. Pity the ministry didn't dip their tanks.
In my field, the Government have been proactive in communicating their intentions with us. All this us about is a few overly rich people wanting to evade tax and poor people being wound up about something that they're too poor to worry about.
Can we name a single instance in history where a tax rise did not provoke the group targeted by the tax rise to call it ‘an existential threat’? We will be forgiven for having grown a bit less sensitive to these outcries.
The majority of farmers apparently voted for Brexit as did most fishermen. Brexit has cost this country billions so i think the farmers should put money where their mouth is "No i'm not a Starmer supporter"
@@SL14GTR buying up millions of acres so they wouldn't have to pay inheritance tax, it's that simple, all the information is out there, try reading some of it
How do you think it looks to people who every month have to decide between paying the rent or mortgage,putting food on the table or paying the utility bill when they see farmers claiming that they are impoverished and that they cannot afford to pay inheritance tax turn up to protest driving tractors that individually cost more than twice the average house price outside London and more than twenty times the average wage?
How do Farmers always know when it's starting to rain? Because they've always got their hand out. We've been subsidizing them for decades time to pay up. Wealthy land owners complaining about having to pay Tax. That's rich! 🤔
This inheritance tax will reduce the price of farming land and peice for housing as well. It is a win for everyone except rich farmers and tax dodgers.
So poor pensioners lose £300 with hardly a whimper. But 10,000 multimillionaires may have to pay a bit of tax above £3 million gets Farmer No Cows agitated.
Not all farmers are Jeremy clarkson mate. For most the land is a virtue of a life style. Shall we just import meat and vegetables? Just like energy……yeah……
This is criminal... According to available information, roughly 30% of UK land is estimated to be owned by the aristocracy and landed gentry. This figure is based on estimations that a significant portion of undeclared land ownership likely belongs to aristocratic families.
Yeah, because the landed gentry and aristocracy always lose. They don’t ever have loopholes built into the legislation to make sure they never lose out, create companies and off shore corporations so they avoid the taxes and are rich enough to buy off corrupt politicians who have their mortgages paid off and their clothes bought for them by generous billionaires You are another Rachel Reeves in the making
They do indeed and for some of that land, they lease to schools, military, hospitals, prisons etc. So they charge the nhs for example each year to have a hospital on their site, or a warehouse which holds ambulances. They are taking millions each year from these seerves. Absolute joke of a country
@@Grayson_Baker those are exactly the people that are going to swoop in and buy up the land all the middling farmers will be forced to sell...if the goal is to put as much land into as few hand as possible this is a great way to do it...Ohhhh...
@@restlesscow2137 Wait a second, Im so confused as an American. Are you trying to say these lands should be repossessed or excessively taxed bc the state is expected to pay rent to use the property? Instead of getting to use it for free?
Why should farmers or wealthy land owners think that they shouldn't have too to pay inheritance tax at just 20% ...when the rest of us have to pay 40%.... most high end investors ..are ploughing their wealth into farms and land as a tax avoidance scheme ..
@viewer.123 When people on low incomes during the Tory reign were struggling, that was the 'advice' issued by right-wing idiots. That, or telling people to just get a job that pays more. The question of how didn't come into it. Funny how they are not piping up with these views on the farmers.
The point is if you use farm land for farming, it is not the case you have cash in your back pocket and it is a necessity! If you have farm land and your not using it to farm then your not providing the necessary service. Farmers already get squeezed every way they can, yes there is money in assets, but this forcing farms to be sold to company’s to make a mass farm, or to land developers ect. It is killing the british farming industry, and it is part of the liberal agenda of build houses across the country side to sort the homeless problem and ignoring the fact that the country side is important!
I live in the somerset countryside. Nearly every farm around here has a £2 million home on it (and i mean just the structure) with a 120k G-wagon parked on the drive beside a 80k land rover defender 🤷🏻♂️
@@marmedli9124right ... I'm not disputing that. But why should they have rules that are different to what I and my family have? I work hard and I'm doing very well. I accept that it'll get hefty tax when I'm gone. Why do I deserve that and not the farmer?
@@marmedli9124Millions of other people work hard.....should they be exempt from paying Inheritance Tax as well then? Why should multi-milionnaire farmers be exempt from paying their dues?
Maybe they should just re-wild their farms and devote their efforts to feeding themselves. I’m a farmer and that’s the direction I’m leaning in right now… the rest of you can enjoy figuring out how to feed yourselves as climate breakdown makes cities unliveable and disrupts the global supply chain, making imported foods scarce and astronomically expensive. I’ll be sitting in my newly planted forest enjoying the sound of the birds over a plate of home grown food.
Shelagh is so obviously personally disgusted by anyone that disagrees with her in her right wing beliefs, even when someone comes from a place of empathy, it visibly annoys her.
Clarkson, who admits buying his farm can be a tax dodge, joins protest against legislation that will stop the tax dodge. And the farmers hold him shoulder high as a spokesman.
Where were farmers when Lamont crashed us out of the ERM and the tories put up interest rates to 15%, businesses and families lost everything. I saw my old man who’d built up his business blood sweat and tears working 80 hours a week at 60 years old almost lose everything. Where were the farmers and millionaires then? When Brexit came along and loads of businesses went to the wall and self employed were thrown under a bus, when interest rates went up over the last few years and more businesses and people lost their homes. Where were all of you farmers, clarkson and wealthy toffs then? You were nowhere, that’s where. So cry me a river, and jog on.
The way I understand it is farms and farming are no longer a high profit industry leading to the industry being asset rich and cash poor. This has been brought about by 4 main factors, super markets driving down the price of the goods, climate change bringing inconsistent weather leading to inconsistent harvests, the lack of seasonal workers leading to higher wage costs at harvest and/or a proportion of the harvest being left to rot and the lack of subsidies since leaving the EU. I would however argue that the farm industry has by and large brought this on themselves. The farms chose to get in bed with the supermarkets 40-50 years ago and those that did bought up the smaller farms and profited from it immensely, it has only been the last 15 years or so that the super markets have really driven down those profit margins. The farms/country side dwellers have blocked so many planned wind and solar farms which would have reduced the impact of climate change. The farms (mainly owners rather than farm workers) voted in a majority for Brexit that resulted in the lack of seasonal workers and loss of farm subsidies. I have some sympathy at being forced to sell a farm that has been in the family for generations but at the end of the day you would still end with over £3m in your back pocket so that sympathy is seriously limited. Rather than moaning about paying a tax, they should be protesting the causes of the drop in profits that mean they apparently can't afford to pay this tax without selling their farms. Rejoining the single market, protesting climate change and protesting the stranglehold the super markets have on the industry. Also, just like normal inheritance tax, 50% of people think they will pay it, whereas only about 4% actually do.
I'll always remember a vegtable farmer talking about how the supermarket would want to pay 90% less for a wonky carrot because they think people want to buy straight carrots. Not realising it costs exactly the same to grow the wonky carrot and it has the exact same nutritional value.
Part of why there's little conversation, when it comes to announcing tax changes is, the Dysons and Clarksons of the UK (or maybe Singapore and the Isle of Man) would up sticks and squirrel those sticks into the next best tax dodging scheme. Maybe Scottish forrestry esates or marrying a royal. There's a common thread here and it seems to be that, these broard shoulders have quite a light load.
Comment on the Daily Mail UA-cam Channels for this topic show a distinct lack of support for the farmers position on this. Clarkson's fat mouth didn't really help their lost cause either.
We had all this here in east Germany, a street clogging movement of farmers, cooperating with, or happily jumped on and used by far right groups, the very wealthy, conservatives and the AFD nazis and far out extreme nationalists. It becomes a way for vested interests to kick any form of state action that they like to label as marxism or liberal, metropolitan ornot understanding the rural world.
Problem: I don't want to pay my share of taxes as a citizen of the UK. Solution: Sell your land, pay the tax and become tenant farmers employed by the state. Proper wage, employment rights, company pension scheme, PAYE taxation, what's not to like? Oh, I suppose you don't get to control land and food supply like you have for the past 1000 years.
If Labour spent months "having conversations" like the first caller demands, they would be accused of dragging their heels in the midst of a cost of living crisis (not brought about by them) when proactive action is required to get the country back on its feet as soon as possible. I don't favour any particular party but I do feel they can't win, so they have my sympathy (at least for now).
The average farm in England is 88 hectares, but over half of the country's farmers only own 20 hectares or less. 88 hectares is 217 acres. The average cost per acre is £11,000, so the average cost of a 217 acre farm comes to £2,387,000. This means that the average farm family won't get taxed at all. They will only get taxed on anything over £3M. For example, a farm worth £3.5 million will be taxed on £500K. Moreover, farms who hit this threshold will get ten years to pay it off at no interest. But remember, most farmers own less than 20 hectares and will come nowhere near that threshold.
It’s always really a matter of the very, very well off trying to use farms and “small business” as a justification for why there can’t be an estate tax. In the US, it doesn’t apply at all to estates of less than approximately $14 million, and the amount that IS due is only a percentage of the amount OVER the $14M. Conceptually, I’m ok with there being some exemption for people who are actually running farms up to some threshold where you’d defer the taxes being due, but if they ever sell the land off or stop using it for agricultural purposes, the taxes are owed. I’m ok with the limits being high to some degree, but unfortunately that nuance always gets lost and you have people arguing about people losing family farms, when they can show no farm that’s ever been lost when someone inherited a $10M farm. What it’s really about is the owners of Wal-Mart wanting to pass on billions with no tax.
The farmer's land is their livelihood - career if you like but the average householder doesn't rely on their homes to earn a wage to feed the nation - very often under adverse circumstances.
There's also a taper on the 7 years, right? 8% reduction from 40 every year after 3 years. People act like if you die a day before the 7 years you're paying 40%.
The caller named Tina around the 12-minute mark has a very strange view or belief that all farmer's children are educated in posh and expensive fee paying private schools, which is wrong as I went to the local primary and council run secondary schools. So I don't know where Tina is getting her ideas from. My family were tenants of a small farm in the Scottish Highlands and worked on it 7 days a week without holidays at all
What is she on about? House owners put loads of time and effort into looking after their property too. It makes sense, like the farmers they are just looking after and maintaining or improving the value of their asset. It's not a special virtue of farmers and anyway..in chasing profit it's farmers who ripped out hedges, cut downw trees, over-fertiziled and destoyed the narural soil structure of the soil- so they haven't all looked after it all for the country..at all.
House owners don’t spend their lives paying off and maintaining the critical infrastructure needed to make sure you don’t go to bed hungry. Farmers supply you with one of the only things you need to survive - food. Home ownership is a personal investment that correlates with no material effect to society at large.
@@henrydobson9419the people employed by the farms provide us with those things, people crying about not getting the land their grandparents owned are just rent seekers. There’s no reason farm assets should be treated as any other kind of asset.
Farmers should welcome inheritance tax. - Farmland is overpriced because it's been bought to avoid tax. If land was priced so only farmers were interested in buying it they wouldn't have to pay inheritance tax. Also, it would encourage new farmers - they don't all have to be passed down in the family. Farmers should be protesting about not getting a fair price for their produce from food manufacturers and ignore the same liars who left them without support when they tricked them into voting for Brexit which took away European subsidies.
We do and have protested against big companies - just do a bit of research. I'm all for new farmers coming into agriculture, I think that's great but this will impact them also
The people calling fowl, are amazing… they ‘work so hard’…. Most people work hard, so should a person working 7 days a week and 2 or 3 jobs get tax breaks. The ‘passing on and live for 7 years’ tax dodge is wrong as well… get rid of tax avoidance schemes. There is a tax threshold in this scheme, make sure that is set correctly and leave it there… no dodge. We all want better services, infrastructure etc… but no one wants to pay… something needs to change.
Very true. Agree with every word of your comment. Can't keep hitting the hard working citizens on the bottom rung of the ladder. Time is well overdue to stop looking down at easy options and look up to fill the coffers clearly not easy but all the more reason to implement it.
It is not the point of them being hard pressed, the point is are they making enough profit to be able to continue. Unlike major corporations , farmers cannot put up prices when they fancy it. The large suoermarkets have ghem over a barrel and I think we are the only country in Europe where these businesses have so much control over farmers.
Well is this my fault? ....I think not. Maybe they should blame the Tories for ruining Farming in the UK, and selling us lies (Brexit). First by forcing austerity on them, and all of us; and then by leading tens of millions of people up the garden path and lying to them about the benefits of Brexit. There are NO benefits to Brexit! - that's the point. And if the Labour government sign a Trade deal with America, British farmers will get proverbially 'shafted' a second time. Because this would mean cheap, inferior quality American beef, and chicken flooding the UK market....and becoming freely in our supermarkets. And if it's cheaper, more Brits will buy it. Simple. Putting more Farmers out of business. No doubt though, many British farmers can't see this or don't realise the danger they would be in, were American beef, and chicken available in our supermarkets - at cheaper prices. They probably don't see any of this at all. Just like they didn't see Brexit as being a disaster for the entire UK economy - not just the British Farming industry.
They saved up! They were going to obviously protest about the last Govt allowing raw sewage to be put into rivers and coastal seas, but couldn't get the fare together in time. Still, they're in trouble now! Climate protesters were imprisoned for similar protests, unless there is two-tier policing...
We should highlight that the king paid no inheritance tax at all on an absolute fortune.
He will still be exempt.
I would *love* to distribute that wealth, but we gotta be realistic about this.
LBC wont go after him because hes a WEF stooge
@@Jack-uy7ie Nope. people do not like it, and will raise up for it.
@@AAAAAAAADDDDDDDDD The government does not care what people think. Is this not obvious?
I don't remember this fuss when universal credit was cut for the poorest in the country after covid. Nobody said a word about the cut to assisted living allowance for the severely disabled under the Tories. But now multi millionaires have to pay tax like ordinary people.
It was raised during covid as obviously people who sit at home all day needed an extra 20 a week to sit at home all day
@@markjones3459 Many people didn't get the £20 whilst business owners were given furlough money to deck out their premises.
Multi millionaires….. don’t make me laugh
The Tories gave out cost of living payments to people on benefits and gave money to the elderly to keep there homes warm
Labour absolutely nothing
You've been fooled
Nor for NHS workers, teachers, basically anyone working and having to use food banks to make ends meet..
The difference is that this lot who actually are affected, many have the title "Lord" and the newspapers are in their pockets
Nobody gave two 💩💩s about farmers two months ago or for the last few decades
OMG is it really so hard to understand??? Farms are so expensive BECAUSE they didn’t have to pay inheritance tax, which drove Dysons and Clarksons of this world to buy swaths of land to avoid tax, which drove land prices 370% up.
Jeezus people… I know it’s Britain but surely you can grasp that right?
That is NOT why land prices or any other asset for that matter is high. ALL property has gone up which is a direct result of monetary expansion.
I wouldn’t expect socialists to understand how economics works though so I’m not surprised by the utter twaddle spouted all over LBC videos
Reeves needs to come to the table and say this!! She needs to pull in the farmers on the street and a bunch of accountants and show them how this works.
How much does a farm cost to buy?
@@bikusmoto59decent land is £10/11k an acre
Preach! If people can’t delineate the cause and effect chains of need vs. greed, then we’re all just gibbering at each other to the comfort levels of the greedy.
Headed by Clarkson who told the press in 2021 that he purchased a farm to avoid Inheritance tax lol
@@Norman-j7m and made tens of millions, so what's your point?
@Norman-j7m Nowt on the profits he claims to make.
almost like he's a tax dodger
So, his tax-dodging plan backfired. Oh dear!
@@Norman-j7m how much has he avoided through tax avoidance schemes.
Just tell the farmers to stop their Netflix and try buying supermarket own brands.
Maybe fewer visits to Starbucks?
NO MORE AVOCADO TOAST! These farmers need to learn to pull themselves up by their bootstraps!
@@DennisMoore664 . I challenge ANYONE to pull themselves up by their bootstraps. Try it. It's much easier to just inherit your livelihood from your family. All these 'self-made' millionaires and billionaires turn out to be nepo-babies.
Where do you think the supermarkets get their 'own brands' from?
When Jeremy Clarkson becomes the face of your campaign, you really are in trouble.
Because he became one unlike you .. and you are exactly ? . someone important or just a troll .
@@philgale1752 Yes Clarkson became a tax avoider unlike the OP. So whats your point?
@@chillivodka01 Don't be ridiculous, of course JC pays tax otherwise HMRC and the government would be after him.
@@philgale1752 A troll like you?
Staggering that the kind of guy causing the issue with his tax dodge has become the figurehead that the farmers are gathering behind!
But labour haven't targeted people like JC with the IHT it specifically targets the average family farm. If they wanted to go after the bigger land owners its as simple as this. *'If you earn the majority of you're income from farming the land you are exempt from IHT' . Everything Labour has done to farmers will ONLY benefit billionaires and foreign investment companies as farmers are forced to sell land and it wont be farmers buying the land thats up for sale. British food will more expensive and there will be less of it on the shelves and we will be importing more food in making foreign countries richer whilst simultaneously the famous British countryside gets turned into solar farms, housing estates & wind turbines. Steel and concrete
@@adhdadhdadhd
Why would they when the majority are small enough to be exempt from the IHT and can defer the payments for up to 10 years?
😂
Maybe Clarkson feels guilty?
@@RoofLight00 No they are not 'the majority; your data is incorrect.
@garylake1676 avarage net worth of farms in the uk is £2.2million, tax rate is £3 million and over
So the majority will not pay tax
When I went agricultural college in the late 1980s, a large farm was considered 2000 acres plus a small farm was considered anything under 500 acres. Now we have Dyson has bought up 36,000 acres and we think it’s acceptable. He should pay no tax on that?
Ok. Raise the tax level to match that then. Experts predict 60% of farmers with 250 acres plus will have to sell of 20% of their land to cover the tax bill. Who will buy that land? Not farmers but companies who are exempt from this.
@ other farmers are always looking to buy more land, especially if it’s next door to their own.
@@heatherlinnette189 Why would they if they are going to face the same issue. Also what of the famers who already rely on rented land?
@@Jack-uy7ie because most farmers are not thinking about this moment till the next moment, they’re thinking about 10 years time, not everybody is on their deathbed. The reason why farmers want to make the farm bigger is so it will make it more profitable. tenant farmers are always looking for the opportunity to buy their own land. It’s how it’s always been. but in recent years land doesn’t come up for sale very often. if you wanna point a reference just look at the Yorkshire shepherdess, the farm they run is tenanted. but they’ve managed to buy. I think it’s 48 acres and that means the world to them. They finally have some of the own land, and I can assure you the chance for then to buy more they certainly will.
It seems completely normal to destroy an industry that feeds us ALL as our population increases by 760,000 a year just because a billionaire has got around the rules
I suppose if Dyson had bought Keira glasses none of this would have happened
Did you really go to agricultural college? You seem desperately ignorant of the actual situation
I live in The Netherlands, a country which produces far more food than the UK despite being tiny in comparison. The argument that we would starve if some people who inherited extremely valuable farming land had to pay IHT on it is a joke. If someone is sitting on 5M of land and only earning 30k a year then it's economic insanity continuing to farm that land. It's worth 5M, they can sell the land, pay 1M tax, take the 4M and put it in an investment account. There it would earn between 100-200k a year in interest. They could take 60k out - DOUBLE their yearly earnings - for literally doing nothing. Their savings would appreciate and compound. In a decade that 4M will be 6M at 5% gains (and the markets are higher than that).
And what’s going to happen when all the farmers follow your advice?
@@JPlive-v3k only the failing farmers will; there are plenty who are making a LOT of money. I grew up in the sticks and have farmers in my family... most are doing very well for themselves. As a rule fo thumb it's the tenant farmers who aren't.
@@JPlive-v3kcompetent farmers will take over the land that is profitable to farm
@@radicalbyte Spot on!
And then we have no farmers, and then no food, great idea, but that's why the WEF Govmt are doing it, because they want their farms. Its called COMMUNISM, and we all know how well that goes.
They don't want to have a conversation about something that is Long Overdue and isn't a big deal to anyone apart from Tax Dodgers who don't even do Farming anyway.
But what's hard. Anyone who isn't farming can't claim to be a farm. It's just a house
Tax them the same as the rest of society, and while you're at it, ban trust funds for tax dodging multimillionaires too.
First tax the king and the aristocracy, then multimillionaires. Then everybody else.
💯
Tax them the same as the rest....you're not a details person are you?
@@richb2453 AND let everyone else work like farmers and everyone else provide their own job.
@@tomgreene1843 I reckon I could drive around in a Range Rover pointing at things
Before 1984 farmers payed inheritance tax at a higher rate than proposed, there were a lot more family farms back then than now. Since the tax loophole was introduced land prices have skyrocketed probably a huge reason why there are less family farms now than then.
But if you don’t have to pay tax on it, the farms get continuously handed down in the family so the price of it is irrelevant.
@@claretblue2509But thats the point, the yield on farmland is awful that family farms shut up shop, so the likes of Clarkson roll in and buy that land with the sole intent of using it to avoid tax thus driving up the price of farmland.
You stop the loophole and you’ll find the price of farmland falls and with it the likelihood of having to pay IHT!
Genuinely interested in this argument, do you have a source for that data?
That is not the reason why there are less farms. Cheap food prices and increased fuel and fertiliser prices, has put farmers out of business. The latest idiotic idea will see more farms collapse.
@@jstewart4205 You mean Brexit?
How do some people become convinced that the more well off should be pitied while the poorer minimum wage workers should continue to suffer?
Agree
If I was a farmer, I wouldn’t want Clarkson being my mouthpiece
He is probably marginally more educated than them with his one A level at grade C...
nor my backside com to think of it.
I am a farmer... I don't like him. I know alot of farmers that don't like him. He is the sort of rich guy who has just waltzed into the world of farming who should be taxed along with many like him
But he is actually (and I can't believe I'm saying this) talking some sense in this situation
It's literally like getting Alan Partridge to speak on their behalf...
@@viewer.123 The information I have is the tax threshold for a couple is 3 million which puts the majority of farmers outside the tax and 50% of farm land is not owned by the farmers that farm them which has skyrocketed land prices
Clarkson, a super wealthy man, who bought his farm primarily to skip out on inheritance tax. The hypocrisy. And you know Clarkson is a rampant right winger. This is just another way for the rich and the nobility in the UK to skip out on taxes
he bought a farm to have a shoot, his farm are in his kids name all he needs to do is stay alive for 7 years . And you sound a Left wing muppet and you are whats wrong with the country .....Being rich just like me takes effort and hard work ....try it yourself
Obviously a Kama liar supporter .
BS. No person buys a farm for that reason. Corporations may, but not individuals.
IHT on farms is just a correction to a loophole that's existed for the past 40 years. Farmers should be highlighting the issues they face from large conglomerates (i.e supermarkets) who've ripped into them over recent years. However, we have a right-wing press who focus on profit as being the number factor in life.
Profit is critical when the government continues to deficit spend, inflating the money supply to do so. If you don’t create more profit every year than the year before, inflation starts to eat into your business and eventually your business fails.
Why do people who know nothing about how the monetary system or businesses work feel qualified to speak on either matter. You clearly have no experience in either field so why do you feel that displaying your brain damage in a public forum is in any way beneficial.
You think we have a right wing press?😅
@@4RIPOlmao i was thinking the same...right wing press...what right wing press
They do try to highlight it but the corporations have more clout.
@davejohnson3474 your deluded
*Most farmers voted for Brexit and shot themselves in the foot. This tax won't apply to a majority of the farmers anyway.* 🇪🇺🇬🇧
Nonsense
How many farmers have you asked?
@barbarabell2396 statistical and economic facts.
@@barbarabell2396I don't think farmers are the best source of info, try getting tax information from tax experts
@@stephanguitar9778 What statistical facts? Are the statistics based in asking every single farmer ?
A lot was promised before Brexit and the farmers voted for it in their thousands which led to loss of EU subsidies. which provided nearly £3 billion a year to UK farmers. For some farmers, these subsidies made up 90% of their annual income. The loss of freedom of movement has also made it harder for farmers to find seasonal workers to harvest crops and process animals. Before Brexit, almost all fruit, vegetable, and flower pickers were from the EU.... Brexiter Badenoch and her fellow tory brexit voting MPs had a cheek marching with the farmers today
You'd think the farmers would have more brains than to be marching with them brexiteer, tory mps that sold them down the river.
The British public have short memories or read the Sun newspaper
The Farmers in the European Union are far from happy, they are having their land stolen...that's what all this is about is a land grab
@@bigprob8744 Why? The farmers were not complaining like this until this Labour government that hardly no one voted for passed this law.
They received far more votes than any other party. Also Brexit has contributed to farmers downfall, why don't we undo that instead?@@clownofthetimes6727
Pretty funny how this is literally about millionaires being able to dodge inheritance tax. :D
Has everyone figured it out? Landlords pretending to be farmers are the one upset.
If a month ago Keir Starmer wanted to discuss the minutiae of exactly what the inheritance tax on farmers meant, he'd be drowned out by 'journalists' across all varieties of the client media relentlessly pressing him to tell them what a woman is.
Bingo James.
Those defending farmers from paying inheritance tax, appear to be able to ignore the raging poverty that exists in the UK.
Stop letting all the freeloaders in to use our services, more people = land and house prices go up, it ain't rocket science, did you bother with school ?
our tax has been going up for years but the economy has not been getting better... maybe taxing everyone to high heavens isn't the best solution?
@@benstern310
How is taxing everyone when one section gets huge tax breaks when everyone else has to pay theirs?
@benstern310 perhaps a more straight forward wealth tax would work better?
Redistribution would solve many problems in the UK.
You should also ask the question why the government runs so callers tax free islands? Who is legally tax evading by using those islands? Banks, every once in a while bailed out by the tax payers. They made enormous profits by charging us 6-7 percent interest on mortgages but paid peanuts for saving and nothing for current account balances? Why not ask them to pay more taxes? How about the royals they don’t pay taxes do they?
Most of my family spent their lives deep underground mining coal until the tories decided to destroy the entire industry and the towns and villages that relied on that lost economic structure, a structure that was never replaced. Those Miners, their families, children and neighbours were simply told 'get over it' ...'That's the past' retrain, get new different jobs, move on' ... Those miners (and steel workers etc ) had never benefitted from years of subsidised and grant indulged financial aid ) where were the farmers then ? Why was Clarkson etc so silent ?
The farmers must have been lousy money managers.
With luck the main impact of this will be to drive the Dysons and the Clarksons out of agric'land ownership.
not just lousy money managers, but lousy land managers, they have ruined our countryside.
They were feeding the miners - no farmer I've ever spoken too was in favour of the removal of the mining industry
Farmers aren't to blame for the Vale of their family home increasing, just like the value of your grandmother's home!!! But inorder to carry on farming it's needed to farm, no money changes hands, and nothing is sold. If sold there's capital gains tax anyway!! The asset doesn't generate enough to pay its tax, yet that asset is needed to make a living!
What was done to the miners was terrible but that's no reason to wish the same on another section of society.
Labour started mine closures, Thatcher finished it off.
Farmers in this country voted for Brexit. You reap what you sow.
What has Brexit got to do with inheritance tax ? 🙄
@@LowPlainsDrifter60£22 billion black hole that the Tories made ..The EU used to pay subsidies to the British Farmers and they voted against it! So they shot themselves in the foot. So they reap what they sow unfortunately
@@LowPlainsDrifter60 It's made the nation poorer for a start meaning that more money has to be found elsewhere such as in inheritance tax.
Ding ding ding, that's a bingo!
@@LowPlainsDrifter60If you have to ask only proves how little you know.
Lets be clear - Farmers being "Cash Poor" is largely a *Strategy* for dodging taxes. If you don't show profit, you don't get taxed. My family grew up farmers, everyone around us were farmers, and the end of year discussion was always "what can we buy as a farm improvement/capital investment to put us in the red or wipe out all of our profit so we drop into a lower tax bracket?"
If you are cash poor sitting on a 5 million investment, that is a you problem in managing that asset, and I think we actually should be MORE incentivized to take it off of you via inheritance taxes, because there's somebody out there who can't hardly manage it worse!
Yes, it is incredible how they are trying to gaslight us that no one else but them can farm... produce food, no one could do a worse job they have done in the last 50 years, our countryside is an absolute desert.
So every business in the country employs an accountant to try to pay more tax
what everyone in the comments and british airwaves fail to understand is that the argument is not that FARMERS ARE POOR it is is that SOCIETY IS BETTER OFF WITH SMALL HOLDERS THAN LARGE CORPORATIONS CONTROLLING LAND AND FOOD. Everytime a "multi-millionaire" farmer sells, guess who is buying? A billionaire or a corporate giant or a private equity company. This is just hiding the real wealth that is waiting for the farmers to close shop and throw in the towel. I totally disagree with the ultra capitalist view taken by this commenter. Yes, industrialized farming is more profitable but is it better for society? Is it better for food quality and health? Would society be better off if those farmers moved into the cities to work at McDonalds? Or do these farmers represent the pride of England, our deep pastoral tradition stretching thousands of years? Yes, everything changes, but it is the most disgusting form of false conciousness because it makes farmers seem like richie rich when the hoarders are wealth can't hold in their happiness as they wait for family business to go under. Bye bye farmers of generations of caretakers of the land! Hello American agri business!!
@@markjones3459 So you're condoning tax dodging? Well done for highlighting why this is a structural issue.
@@markjones3459that's alright then, eh? 😂
The sooner Clarkson understands that he is not needed in this world, the better.
If he has a problem with being asked to pay a fair share of the tax burden, he may find Bulgaria nice
PAY YOUR TAX LIKE EVERYONE ELSE ,SIMPLE
Grow your own food then..
@@danlee1811 Eating bugs and lab made meat
SURPRISE: they already do
@ wow I never thought of that lol
@@danlee1811just rotting fruit and veg in supermarkets now since brexit anyway, they created the mess 😂
Because the actual threshold is £3 million and at 20% in 4 years Clarkson made the same from subsidies than he would pay in inheritance tax on his £4.55 million pound farm.
Oh, but you're talking about a rich guy paying a tax that the rest of us have to pay. Which is a mortal sin.
Brexit wahooooo. Which farmer decided to vote for Brexit? Well done to you. Keep listening to Boris Johnson, Nigel fareage and others who told you it's best thing for UK
Yeah .. farmers for the most part vote for Brexit .. then Brexit proves to be a con .. there all of a sudden is no one to work in the abattoirs and pigs are killed in the fields, fruit and veg and flowers lay rotting in the fields as Brits are too lazy to do the jobs .. then “Save British Farming” you tube channel attacks the Tory govt for selling out farmers .. then the same government goes looking for trade agreements to save their Brexit faces .. then Australia and New Zealand get great trade deals (for them) and literally laugh through their news channels at the British farmers .. and this leads to the Labour Party being voted in and picking up the mess .. and so now the farmers are protesting in the streets about another government! Keeping up? 😂😂😂🇬🇧🇬🇧🇬🇧🇦🇺🇦🇺🇦🇺
Yep .
Policy of envy .
What has any of this got to do with Brexit?
What's brexit got to do with it?
Guess what it’s well over and done with, next argument
Clarkson gives real, hardworking farmers a bad name.
Clarkson gives human beings a bad name.
one shower of crying selfish greedy people pay your tax well done labour
Well done Labour 🤣🤣🤣. Only a clown would make this comment so well done you 👏😂
I was going to reply to your comment.but your clearly that thick it’s not worth the effort
@@beautifulpeople1427
And here you are. Replying.
@@emilymccartney1593 Exactly mate, wasting data like the rest of them do. Happy to moan when it suits but not happy back up their facts when challenged. As simple as a child, they don't seem to grasp irony 😂
@@beautifulpeople1427 Yes because you have nothing of value to say 😂. Name calling from a person called Beautifulpeople, classic cabbage patch mentality 👏🤣
Farmers complaining because they have to pay IHT at 20% on estates over £3 million is a joke! Why not transfer the ownership of the farm to their heirs now? Job done!! Pension winter allowance removal is something to stand up for. Not this!!
You are the joke...it's not £3 million.
@ a couple it’s 3 million. Check before you embarrass yourself.
So farmers want the general public to pay inheritance tax on property worth more than £350k but they don't want to pay it on anything over £3m?
yes because apparently we would all starve without them, growing stuff is next level quantum mechanics appreantly, nothing to do with just having access/ownership of the land and cheap labour... ff s
@@stevenmoore3480 we’d starve if farms worth over £3m have to pay inheritance tax?
@@stevenmoore3480Farming is expensive to get involved in and is very difficult to understand. Coming from a family who owns a farm.
Just take it from the black death when farmers/ peasants who knew farming knowledge/ farming equipment become high in demand. It's not easy as you make it out to be.
@@stevenmoore3480If farming is so easy, why don't you do it?
@@stevenmoore3480Us farmers could have a week off (we barely get a day off nevermind a week) and people in this comment section can come and run the farms since it's so easy
Lead by a man who specifically bought a farm to avoid inheritance tax… Way to get credibility farmers. Manipulated as always…
The farmers represented by a a self declared ultra rich tax dodger ?
Tina I believe her name was, the one that quoted “you never see a farmer on a bike” hit the nail on the head.
I’m going to put on a grands worth of Barbour clothes, get in my $75,000 tractor and go tell everyone in London how poor I am.
On Red Diesel eg a heavily tax subsided fuel that you're only supposed to use on the public highway within a small radius of your Base. Not schlepping to the big city.
Pity the ministry didn't dip their tanks.
In my field, the Government have been proactive in communicating their intentions with us. All this us about is a few overly rich people wanting to evade tax and poor people being wound up about something that they're too poor to worry about.
Can we name a single instance in history where a tax rise did not provoke the group targeted by the tax rise to call it ‘an existential threat’? We will be forgiven for having grown a bit less sensitive to these outcries.
especially when it is this self serving...
It's not about farming, it's about land ownership!
How about an annual tax, payable by the LAND OWNER if the farm is tenanted.
Most clad in designer gear pleading poverty. Most farms are not worth 7 millions. So these lot are top notch farmers many of whom voted Brexit.
Would they not be risking a 5 year sentence for holding up traffic?
Just stop oil weee allowed to stop traffic pro Palestinians have done it so why can’t farmers
@@DannyHerd-x5hclimate protesters got prison sentences for doing what farmers are doing
@@DannyHerd-x5hno just stop oil are the people who were given sentences
Just stop oil protesters were recently jailed for 5 years. w@DannyHerd-x5h
@ the same people was doing it over and over month after month 😂😂😂😂😂
Yet again rich people trying to get poor people to feel sorry for them.
They just love doffing their caps to their betters.
The majority of farmers apparently voted for Brexit as did most fishermen. Brexit has cost this country billions so i think the farmers should put money where their mouth is "No i'm not a Starmer supporter"
Tariff revenue now goes to the UK Treasury rather than the EU Treasury. There’s a benefit.
@@aleph8888Tarrif revenue?
@@aleph8888 The farmers got £1000's from the EU and shot themselves in the foot when voting Brexit. They only have themselves to blame nobody else.
@@aleph8888funny guy
@@aleph8888 hahahahahahaha
Didnt Clarkson and Dyson create this problem in the first place.
Why?
@@SL14GTR
Tax evasion?
@@SL14GTR buying up millions of acres so they wouldn't have to pay inheritance tax, it's that simple, all the information is out there, try reading some of it
@@SL14GTR I eon't even try to explain!. FFS.
@@neilbower9052 his charted accountant probably advised him to
How do you think it looks to people who every month have to decide between paying the rent or mortgage,putting food on the table or paying the utility bill when they see farmers claiming that they are impoverished and that they cannot afford to pay inheritance tax turn up to protest driving tractors that individually cost more than twice the average house price outside London and more than twenty times the average wage?
These farmers would be the same people that would be berating other workers that go on strike and yet here they are.
I'd like to the king paying inheritance tax. Its disgusting
Why should he? Its not your money, it belongs to the people who died. It isn't yours.
@teslataxi4546 what are you talking about?
A woman that has never been told no and had the best of everything doesn’t want to share ,shocker
How do Farmers always know when it's starting to rain? Because they've always got their hand out. We've been subsidizing them for decades time to pay up. Wealthy land owners complaining about having to pay Tax. That's rich! 🤔
This inheritance tax will reduce the price of farming land and peice for housing as well. It is a win for everyone except rich farmers and tax dodgers.
Equality in inheritance tax, farmers should pay the same as everyone else and not get special treatment because they are wealthy landowners
So poor pensioners lose £300 with hardly a whimper.
But 10,000 multimillionaires may have to pay a bit of tax above £3 million gets Farmer No Cows agitated.
farmer no cows, with just enough sheep to get the subsidies...
There's been a bit more than a whimper over the fuel allowance.
Jeremy Clarkson led them? This was the man who admitted he bought the farm he now plays at for Amazon Prime for a tax dodge? That Jeremy Clarkson
? 😂
The Gammon Gobsh!te got OWNED by Victoria Derbyshire on the BBC today. Well worth watching!
Not all farmers are Jeremy clarkson mate. For most the land is a virtue of a life style. Shall we just import meat and vegetables? Just like energy……yeah……
Having bought a farm he , unlike you , now knows the pitfalls of farmwork
@@davem4131 blah blah blah, he's pointing out the HYPOCRISY of the bigot in pretending he's campaigning for the farmers.
Even if this is true what about the 70% of farmers it will affect?
This is criminal...
According to available information, roughly 30% of UK land is estimated to be owned by the aristocracy and landed gentry. This figure is based on estimations that a significant portion of undeclared land ownership likely belongs to aristocratic families.
Yeah, because the landed gentry and aristocracy always lose. They don’t ever have loopholes built into the legislation to make sure they never lose out, create companies and off shore corporations so they avoid the taxes and are rich enough to buy off corrupt politicians who have their mortgages paid off and their clothes bought for them by generous billionaires
You are another Rachel Reeves in the making
Therefore they should be paying more taxes
They do indeed and for some of that land, they lease to schools, military, hospitals, prisons etc. So they charge the nhs for example each year to have a hospital on their site, or a warehouse which holds ambulances. They are taking millions each year from these seerves. Absolute joke of a country
@@Grayson_Baker those are exactly the people that are going to swoop in and buy up the land all the middling farmers will be forced to sell...if the goal is to put as much land into as few hand as possible this is a great way to do it...Ohhhh...
@@restlesscow2137 Wait a second, Im so confused as an American. Are you trying to say these lands should be repossessed or excessively taxed bc the state is expected to pay rent to use the property? Instead of getting to use it for free?
They hate the poor. We hate them. Pay your taxes Rory
You hate farmers?
Why should farmers or wealthy land owners think that they shouldn't have too to pay inheritance tax at just 20% ...when the rest of us have to pay 40%.... most high end investors ..are ploughing their wealth into farms and land as a tax avoidance scheme ..
I really hope the government don't back down
Shelagh’s ridiculous “both sides” argument with the last caller didn’t make any sense.
Was Clarkson speaking to his accountant about 'loopholes' from his NHS bed
Someone should tell the farmers that they can make a meal for 30p
How?
@viewer.123 When people on low incomes during the Tory reign were struggling, that was the 'advice' issued by right-wing idiots. That, or telling people to just get a job that pays more. The question of how didn't come into it. Funny how they are not piping up with these views on the farmers.
The point is if you use farm land for farming, it is not the case you have cash in your back pocket and it is a necessity! If you have farm land and your not using it to farm then your not providing the necessary service. Farmers already get squeezed every way they can, yes there is money in assets, but this forcing farms to be sold to company’s to make a mass farm, or to land developers ect. It is killing the british farming industry, and it is part of the liberal agenda of build houses across the country side to sort the homeless problem and ignoring the fact that the country side is important!
I live in the somerset countryside. Nearly every farm around here has a £2 million home on it (and i mean just the structure) with a 120k G-wagon parked on the drive beside a 80k land rover defender 🤷🏻♂️
And all hard worked for.
And?
@@marmedli9124right ... I'm not disputing that. But why should they have rules that are different to what I and my family have?
I work hard and I'm doing very well. I accept that it'll get hefty tax when I'm gone. Why do I deserve that and not the farmer?
@@marmedli9124Millions of other people work hard.....should they be exempt from paying Inheritance Tax as well then?
Why should multi-milionnaire farmers be exempt from paying their dues?
@@Raven431and point is, we're expected to believe they live and work for pitence, which they clearly don't
It's sickening to hear these landowners bleating on about being hard done by, what a disgrace their entitled and arrogant position is in all this.
Maybe they should just re-wild their farms and devote their efforts to feeding themselves. I’m a farmer and that’s the direction I’m leaning in right now… the rest of you can enjoy figuring out how to feed yourselves as climate breakdown makes cities unliveable and disrupts the global supply chain, making imported foods scarce and astronomically expensive. I’ll be sitting in my newly planted forest enjoying the sound of the birds over a plate of home grown food.
@@henrydobson9419 Proving farmers don't give a toss for anyone else. Not that proof were needed
Shelagh is so obviously personally disgusted by anyone that disagrees with her in her right wing beliefs, even when someone comes from a place of empathy, it visibly annoys her.
I couldn’t see her!
Clarkson, who admits buying his farm can be a tax dodge, joins protest against legislation that will stop the tax dodge. And the farmers hold him shoulder high as a spokesman.
Here in the US, ONLY “family farms” valued UNDER $15 million are exempt from any inheritance tax
a fake farmer and know tax avoider, bless him
If they want to get land grabbers, go for recent land purchases and not established farms.
Where were farmers when Lamont crashed us out of the ERM and the tories put up interest rates to 15%, businesses and families lost everything.
I saw my old man who’d built up his business blood sweat and tears working 80 hours a week at 60 years old almost lose everything.
Where were the farmers and millionaires then?
When Brexit came along and loads of businesses went to the wall and self employed were thrown under a bus, when interest rates went up over the last few years and more businesses and people lost their homes.
Where were all of you farmers, clarkson and wealthy toffs then?
You were nowhere, that’s where.
So cry me a river, and jog on.
Senior citizens require less health care if permitted to remain in their homes and neighborhoods. That's a public savings.
The way I understand it is farms and farming are no longer a high profit industry leading to the industry being asset rich and cash poor. This has been brought about by 4 main factors, super markets driving down the price of the goods, climate change bringing inconsistent weather leading to inconsistent harvests, the lack of seasonal workers leading to higher wage costs at harvest and/or a proportion of the harvest being left to rot and the lack of subsidies since leaving the EU. I would however argue that the farm industry has by and large brought this on themselves. The farms chose to get in bed with the supermarkets 40-50 years ago and those that did bought up the smaller farms and profited from it immensely, it has only been the last 15 years or so that the super markets have really driven down those profit margins. The farms/country side dwellers have blocked so many planned wind and solar farms which would have reduced the impact of climate change. The farms (mainly owners rather than farm workers) voted in a majority for Brexit that resulted in the lack of seasonal workers and loss of farm subsidies. I have some sympathy at being forced to sell a farm that has been in the family for generations but at the end of the day you would still end with over £3m in your back pocket so that sympathy is seriously limited. Rather than moaning about paying a tax, they should be protesting the causes of the drop in profits that mean they apparently can't afford to pay this tax without selling their farms. Rejoining the single market, protesting climate change and protesting the stranglehold the super markets have on the industry. Also, just like normal inheritance tax, 50% of people think they will pay it, whereas only about 4% actually do.
I'll always remember a vegtable farmer talking about how the supermarket would want to pay 90% less for a wonky carrot because they think people want to buy straight carrots. Not realising it costs exactly the same to grow the wonky carrot and it has the exact same nutritional value.
This is the most sensible comment on here!
Part of why there's little conversation, when it comes to announcing tax changes is, the Dysons and Clarksons of the UK (or maybe Singapore and the Isle of Man) would up sticks and squirrel those sticks into the next best tax dodging scheme.
Maybe Scottish forrestry esates or marrying a royal.
There's a common thread here and it seems to be that, these broard shoulders have quite a light load.
Comment on the Daily Mail UA-cam Channels for this topic show a distinct lack of support for the farmers position on this. Clarkson's fat mouth didn't really help their lost cause either.
Clarkson dresses like a Victorian Rat Catcher and looks as though he has eaten most of his catch.
EU regulation prevented taxation of agricultural lan to protect the industry. Post Brexit that protection was removed. Well done, you voted for it.
Ask how the EU is going for the Dutch farmers.
@@roseroy64 Do you mean that things for UK farmers aren't so bad? Stop complaining then haha
We had all this here in east Germany, a street clogging movement of farmers, cooperating with, or happily jumped on and used by far right groups, the very wealthy, conservatives and the AFD nazis and far out extreme nationalists. It becomes a way for vested interests to kick any form of state action that they like to label as marxism or liberal, metropolitan ornot understanding the rural world.
This IS Marxism by definition, see the main points in the Communist manifesto.
Hopefully the AFD get into power and your beloved Olaf scholz is booted out.
Clarkson should probably cancel his Netflix and stop buying expensive coffee. He might save a few quid.
Problem: I don't want to pay my share of taxes as a citizen of the UK. Solution: Sell your land, pay the tax and become tenant farmers employed by the state. Proper wage, employment rights, company pension scheme, PAYE taxation, what's not to like? Oh, I suppose you don't get to control land and food supply like you have for the past 1000 years.
@@JosephRiley-f6jWell done comrade, you just described exactly what the communists did in soviet Russia, looked how that turned out.
@@Peelerville I take that as a compliment, Many thanks
@JosephRiley-f6j You must be a fan of starvation then?😂
If Labour spent months "having conversations" like the first caller demands, they would be accused of dragging their heels in the midst of a cost of living crisis (not brought about by them) when proactive action is required to get the country back on its feet as soon as possible. I don't favour any particular party but I do feel they can't win, so they have my sympathy (at least for now).
The average farm in England is 88 hectares, but over half of the country's farmers only own 20 hectares or less. 88 hectares is 217 acres. The average cost per acre is £11,000, so the average cost of a 217 acre farm comes to £2,387,000. This means that the average farm family won't get taxed at all. They will only get taxed on anything over £3M. For example, a farm worth £3.5 million will be taxed on £500K. Moreover, farms who hit this threshold will get ten years to pay it off at no interest. But remember, most farmers own less than 20 hectares and will come nowhere near that threshold.
@@mihohobaba everything in that copy and paste job you've just posted is incorrect.
@@joelhall5124I think you need to go back to your safe space and cry harder.
@@joelhall5124prove it
You ain’t t that clever to compose this, probably from the Labour book of lies
@@joelhall5124 No it isn't.
"We'll break the farmers the same way Thatcher broke the miners" - Kier Starmer
It’s always really a matter of the very, very well off trying to use farms and “small business” as a justification for why there can’t be an estate tax. In the US, it doesn’t apply at all to estates of less than approximately $14 million, and the amount that IS due is only a percentage of the amount OVER the $14M. Conceptually, I’m ok with there being some exemption for people who are actually running farms up to some threshold where you’d defer the taxes being due, but if they ever sell the land off or stop using it for agricultural purposes, the taxes are owed. I’m ok with the limits being high to some degree, but unfortunately that nuance always gets lost and you have people arguing about people losing family farms, when they can show no farm that’s ever been lost when someone inherited a $10M farm. What it’s really about is the owners of Wal-Mart wanting to pass on billions with no tax.
The owners of Walmart own everything in trust anyway so they don’t pay taxes on anything.
The farmer's land is their livelihood - career if you like but the average householder doesn't rely on their homes to earn a wage to feed the nation - very often under adverse circumstances.
There's also a taper on the 7 years, right? 8% reduction from 40 every year after 3 years. People act like if you die a day before the 7 years you're paying 40%.
The caller named Tina around the 12-minute mark has a very strange view or belief that all farmer's children are educated in posh and expensive fee paying private schools, which is wrong as I went to the local primary and council run secondary schools.
So I don't know where Tina is getting her ideas from.
My family were tenants of a small farm in the Scottish Highlands and worked on it 7 days a week without holidays at all
She's talking in general farmers are posh and privileged 😮
@@PassportGthat's just not true. Do you know any farmers personally, did you go to school with any?
This just in: citizens don’t like taxes.
cheap and uneducated ones yes
you think farmers are on the side of the ordinary people? go to a farm shop or farmers market and pay £4 for a loaf of bread and £7 for some cheese.
What is she on about? House owners put loads of time and effort into looking after their property too. It makes sense, like the farmers they are just looking after and maintaining or improving the value of their asset. It's not a special virtue of farmers and anyway..in chasing profit it's farmers who ripped out hedges, cut downw trees, over-fertiziled and destoyed the narural soil structure of the soil- so they haven't all looked after it all for the country..at all.
House owners don’t spend their lives paying off and maintaining the critical infrastructure needed to make sure you don’t go to bed hungry. Farmers supply you with one of the only things you need to survive - food. Home ownership is a personal investment that correlates with no material effect to society at large.
@@henrydobson9419the people employed by the farms provide us with those things, people crying about not getting the land their grandparents owned are just rent seekers.
There’s no reason farm assets should be treated as any other kind of asset.
Farmers should welcome inheritance tax. - Farmland is overpriced because it's been bought to avoid tax.
If land was priced so only farmers were interested in buying it they wouldn't have to pay inheritance tax.
Also, it would encourage new farmers - they don't all have to be passed down in the family.
Farmers should be protesting about not getting a fair price for their produce from food manufacturers and ignore the same liars who left them without support when they tricked them into voting for Brexit which took away European subsidies.
We do and have protested against big companies - just do a bit of research. I'm all for new farmers coming into agriculture, I think that's great but this will impact them also
The people calling fowl, are amazing… they ‘work so hard’…. Most people work hard, so should a person working 7 days a week and 2 or 3 jobs get tax breaks.
The ‘passing on and live for 7 years’ tax dodge is wrong as well… get rid of tax avoidance schemes. There is a tax threshold in this scheme, make sure that is set correctly and leave it there… no dodge.
We all want better services, infrastructure etc… but no one wants to pay… something needs to change.
Very true. Agree with every word of your comment.
Can't keep hitting the hard working citizens on the bottom rung of the ladder.
Time is well overdue to stop looking down at easy options and look up to fill the coffers clearly not easy but all the more reason to implement it.
Entitled rich landowners moaning about their advantage being very slightly eroded.
The advantage of having to work long hours for a few quid per hour and not having regular holidays, days off and sick leave
I'd love it if the government made me pay half the tax everyone else has to pay.
Maybe start with tax-dodging overseas corporations, then move on to farmers?
They are considering them. Who do you think will be buying up the land that Labour force them to sell.
They literally buy farms to avoid taxes
Also £8,000,000 spent a day on illegal migration = about £3Billion a year, the tax changes on farmers will only raise labour about £600m in total
It is not the point of them being hard pressed, the point is are they making enough profit to be able to continue.
Unlike major corporations , farmers cannot put up prices when they fancy it. The large suoermarkets have ghem over a barrel and I think we are the only country in Europe where these businesses have so much control over farmers.
Calling B.S on that female-sounding caller. She lives in a different world from the average small farmer.
she repeatly said she's not a FARMER
You clearlydidn’t listen did you …… she tells you she is NOT a farmer.
Why not just say you didn’t listen to what she was saying instead of writing that nonsense.
Tina is 100% right, farmers voted overwhelmingly for Brexit, so now they can help clean up the resulting mess.
Small farmers won't have to pay the tax.
Absolutely on the button James re the millionaires using farms as a tax avoidance vehicle.
Most farmers can't pay themselves a salary.
These people don't understand that.
So what do they pay themselves with, manure?🤣🤣🤣Don't. Just. Don't.
utter nonsense
And most farmers won't be affected by this change
Well is this my fault? ....I think not.
Maybe they should blame the Tories for ruining Farming in the UK, and selling us lies (Brexit). First by forcing austerity on them, and all of us; and then by leading tens of millions of people up the garden path and lying to them about the benefits of Brexit. There are NO benefits to Brexit! - that's the point.
And if the Labour government sign a Trade deal with America, British farmers will get proverbially 'shafted' a second time. Because this would mean cheap, inferior quality American beef, and chicken flooding the UK market....and becoming freely in our supermarkets.
And if it's cheaper, more Brits will buy it. Simple. Putting more Farmers out of business.
No doubt though, many British farmers can't see this or don't realise the danger they would be in, were American beef, and chicken available in our supermarkets - at cheaper prices. They probably don't see any of this at all.
Just like they didn't see Brexit as being a disaster for the entire UK economy - not just the British Farming industry.
If it was not farmers, you would not eat
I’d love to know how all these farmers claiming poverty can afford to take a Tuesday afternoon drive to London
They saved up! They were going to obviously protest about the last Govt allowing raw sewage to be put into rivers and coastal seas, but couldn't get the fare together in time. Still, they're in trouble now! Climate protesters were imprisoned for similar protests, unless there is two-tier policing...
@ this would surely be the _third_ tier of policing, no?
Because they pay no road tax and run on red diesel