Mr Farmer here makes the point really well at the end. Wealthy folk who buy a small farm avoid the inheritance tax, while generational farmers who need scale to run the farm as a business get hit by it...
Instead of going after farms that are generationally passed on as real working farms they need to close the loophole that means multi millionaires were buying up farm land as a means to avoid paying inheritance tax. Once again Labour have managed to turn what started out as a sensible idea into a fiasco with poor management and ill thought out processes……
This has been brought in to stop multimillionaire from buying up land to say they intend to use it for game shoots (Clarkson in 2021) to avoid inheritance tax but who will now have to pay it.
Rich people always seem to have so much power when it comes to paying their taxes. It's fine for ordinary working people who are not asset or cash rich to bear the biggest tax burden for 70 years due to the tories. As soon as wealthier people find themselves paying the taxes then we all have to cry for them. Greed is a truly vile thing.
Land price has gone up exponentially precisely because people who have no interest in farming can buy it to avoid inheritance tax. First make FARMING profitable and THEN add the inheritance tax back to close the loophole.
😂 this whole inheritance tax has become a utter joke 🤣 let just tax the poor and yeah then send the money aboard to fight other nations wars make senses doesn't it 😮
Ukraine to my understanding does not import its food even during war time. What is the excuse by British farmers for the fact that UK has to import almost half of its food during peace time despite subsidies and tax breaks given to British farmers.
He employs 50+ people so he's essentially an SME, likely to be a limited company and wants tax fiddles to continue... He's not poor just not organised and enjoying the trappings.. Also the factory he's got for meat processing isn't really farming it's the rearing of the animals... I think he knows most of us don't understand how it works but a few do... They aren't a special case and need to pay their fare dues.. the party is over whilst the Tories are out of power...
@@kalicom2937🤣🤣It’s hilarious how many people are having a meltdown over rich people having to pay tax that they themselves have no choice in paying, simps and serf come to mind .
When it is kept in the family for farming there should be no inheritance tax. If they sold some of their farming land to help keep their farm going than that can be taxed.
@DavidEllis-p9z i believe the split is similar to the general public voting 52-53%. However, the reality is that as all those who voted to remain are having to lay in the brexit bed they didn't make, the farmers will have to as well.
No they didn't, they're retards that don't know how to negotiate with super markets, voted against their own EU subsidies and now are pretending to be poor to avoid paying tax.
I really don't see why landowners, which includes farmers, should receive preferential tax treatment. Inheritance tax should apply to all CONSISTENTLY. There are better ways to subsidise farmers if that's necessary. Subsidising ALL landowners, including billionaires, as a way of compensating food farmers for low profits doesn't make sense. So I'd support the government in raising the rate of taxation to the same level as everyone else - but suggest the government reviews the profitability for farmers. The British Farming sector has lost the farm subsidies the EU provided - so perhaps that's where their real problems lies.
I completley agree, However id first make farming profitable and then tax them. An obvious fix would be for govt to stop importing food that can been grown, or got, here in the UK.
I don't see why the government should have an inheritance tax in the first place. Why should my son have to pay when he inherits my property? I've already paid stamp duty on it. These governments spend money without care or caution and then the lower and middle class suffer as a result.
The stupid Labour idiots have got to change the rules and stop penalising people like this. It’s so overwhelming they’ve cocked it up. There’s all sorts of rules they could bring in like keeping farms in families so it’s not used for tax dodge purposes
£1.5 million allowance for a single person, £3 million allowance for a couple so lying from the outset both the farmer and the reporter. Btw also half the rate everyone else has to pay and 10 years interest free to pay iht.
Everyone else is not a farmer...farmers should pay inheritance tax on their house like all others ...unless they don't own their houses by having a council house or being a tenant.
A farmer up the road to me is selling, well trying to sell just over 5 acres as potential development land - he wants £1M per acre!!!!!!!!!!!!!!!!!!!!! PER ACRE!!! ( we are in Devon )
"My Farm and the land we own is worth 4 Million but this Tax on 3 million of it will make me poor somehow..." (Even though it's only based on an alive person dying and I'd have 10 years to pay it off and I still get a massive asset I can sell at any time)....right...
The Government does not understand that the farmhouse and the farm are interdependent, what is a four-bedroom farmhouse worth in Essex? I ask, as they live where they work, how many people live where they work, and I am not talking about working from home, they don't, they work in the fields, the farmhouse is where they go to sleep.
Seems to me the government has to hit one group and another, and it won’t ever solve the problem. The problem is we are not working effectively and not producing enough of what people want, at a good enough quality. Labour should be looking at where things actually are done well and to good quality, with decent service, and caring. Study that, and see if government can help more of that good stuff to happen. Meanwhile, make sure tax money goes where people are happy for it to go. By the way, farmers in general are a group who work hard and honestly, and do us a great service. So don’t punish them!
I have spent my life working hard and growing assets, I have also built a business employing 100's of people which is also progressive and innovative. I am also asset-rich and cash-poor like many farmers. My heirs will have to pay IHT on day 1 of 40% not 20% with 10 years to pay it off. My heirs' threshold will also be much lower than the farmers' pay. My heirs may also have to decide to sell some of the business assets or use them as collateral against loans and determine if they want to stay in the business or sell it. I have yet to see an argument put forward as to why farmers should be treated differently. In addition, I voted against the Brexit that harmed my business, the consequences of which now need to be paid for, unlike many farmers.
What the goverment really needs to do here is to increase the CGT of Farm Land that is priced over a 900,000. That way Jeremy has to pay tax no matter what and he cant cry more about it as well.
945% of farmers are affected. Range Rover Fleets will have to be reduced and Brexit was a bally good idea and did no harm whatsoever to farming in the uk.
Farmer's who worked the land for generations should be exempt.dont think Clarkson should be exempt he said he bought the farm to Avoid inheritance tax.he is ruined it for the farmer's.
Millionaires whinging about their business situation. Farmers are not a special case. Farms are a tax dodge , aren't they Mr Clarkson? Farmers want to be protected from the economic facts of life when everyone else has to suffer plant closures and lifestyle changes. Farming for the nation😅.....no they farm to make a profit.
People like him make me want to throw up in disgust and despair. I agree farmers work hard and are the cornerstone of our food industry but many of their benefits already acknowledge this. Tax breaks, cheap fuel, CGT, just to name a few. Do farmers ever go hungry - no, so just cough up like the rest of us and stop whingeing all the time about how hard done by they are when they aren't.
So three people are living off this farm, ie the father and two sons plus I assume families providing a living for them. They bought land at £60 an acre now worth 10 k an arce, then says 20 acre farm is worth 1m, the math dosen't add up. Please explain ?
…And how many people inherit their parents farmland and immediately turn them into multi-million £££ developments with no affordable housing? Also, the fact that Clarkson is pretending to be 'a poor farmer' says it all really. Also, also, they voted for Brexit, and this is one of the consequences.
Oh dear ... how sad ... never mind, same old belly aching ... hard done by ... farmers claiming poverty but owning land and property worth millions !! Stop your whining
Dude keeps talking about land and house, for inheritors. So that's really 1.5 mill per parent, so that's really 3 mill. Feels disingenuous when somebody uses are number 3x smaller than reality...
Ah my heart bleed for him. NOT. Bet he pays his workers minimum wage. And doest care that they pay an extortionate amount in income tax and national insurance. And I bet some of them are claiming universal credit. So this farmer even hid wage bill is being subsidised by the t Real tax payers
So rich farmers dont want to pay tax typical, stop moaning they have all donr good over the years with chesp European labour while snubbing British farm workers for work
sales tax is already a thing, its about people buying out large farmlands to avoid tax. An inheritance tax might also reduce the price of land if tax dodgers can't use it for that purpose.
I’d love to see his wage bill. And the hourly rate he’s paying his work force. Probably minimum wage . So his wage bill will be being subsidised as well through universal credit
2024 has been an interesting year for the farmers in Europe. It seems most countries sending arms to Ukraine have had a peasants revolt with tractor fetishist clogging up capitals. At this point they're practically foreign agents, whether knowingly or not.
@davem4131 not quite. My assumption would be that they're an easy target for political turmoil. A largely out of touch sub section by virtue of being rural and having no interest in the things that make cities run, this coupled with the importance of farming in general creates the potential for an uneducated mob that people will listen to. In Poland the farmer riots were over grain just passing through their country but they had been convinced it was being dumped in Poland and lowering their returns on their crop. It wasn't, but when it led to train derailments the government had to take action.
@ I think this is the UK government pointing fingers and creating targets. Most farmers live very simple lives and own land to then pass it on to family and don’t make much money at all. Everyone is complaining about energy prices and would rather be cold than pay the extortionate energy prices as we outsource it and then buy it in. Now food. Dangerous move.
Overseas aid is very rarely (if ever) a gift. When we we're pumping money into Africa it was to maintain our links and access in a post imperial world. When Europe stopped sending aid, China and Russia raced in. Now China has access to many more rare minerals and Russia has access to African mercenaries, gold and diamonds.
Fergus the farmer has plenty of options to avoid paying inheritance tax. He should speak to his business accountant. He could pass the farm business on to family and as long as he lives 7 years after the transfer his dependants are fine. He could set up a trust quite cheaply and or take out insurance to ease paying the tax. Farmers coped with this tax up until 1984 when Margaret Thatcher thought her friends in the countryside should be spared paying their fair share.
This man kills his own argument when he say he Grandfather bought land at £30/acre, his father bought land at £60/acre and that his land is now worth £10.000/acre. They have accumulated £Millions in wealth and not paid a h'penny tax on it. This country is sick and tired of the greedy rich who don't want to pay their fair share of Tax to run our social state. Their greed means the people at the bottom are paying ever more tax !!!
400 acres is 150 acres larger than the average farm - it is not a small farm. £3m is the threshold for inheritance tax, not £1m. There are additional work arounds to avoid the £1m above the threshold that he has. This is an issue out of nothing and this guy is full of BS.
Mr Farmer here makes the point really well at the end.
Wealthy folk who buy a small farm avoid the inheritance tax, while generational farmers who need scale to run the farm as a business get hit by it...
Yep they would be better served by an incremental reduction in the limit to dissuade tax dodgers and drive down the value of farmland.
He's more pissed his accountant wasn't given enough time to figure out how to tax dodge.
Instead of going after farms that are generationally passed on as real working farms they need to close the loophole that means multi millionaires were buying up farm land as a means to avoid paying inheritance tax. Once again Labour have managed to turn what started out as a sensible idea into a fiasco with poor management and ill thought out processes……
This has been brought in to stop multimillionaire from buying up land to say they intend to use it for game shoots (Clarkson in 2021) to avoid inheritance tax but who will now have to pay it.
Rich people always seem to have so much power when it comes to paying their taxes. It's fine for ordinary working people who are not asset or cash rich to bear the biggest tax burden for 70 years due to the tories.
As soon as wealthier people find themselves paying the taxes then we all have to cry for them.
Greed is a truly vile thing.
well said
Poor in cash but millionaire by asset.
They can be cash poor because we all over Europe pay their bills through subsidies.
@@seijakarjalainen not correct ....no subsidies means dearer food or no country food reliance ...remember the last war ?
@@seijakarjalainen Errr, UK is not part of the EU anymore and our farmers do not get EU subsidies under the CAP.
@@seijakarjalainen English farmers don't get any subsidies, that stopped when we left the EU.
i wish i could have a little bit land for veggie patch
This is probably the best interview I have seen. Very level-headed and clear on the issues.
Land price has gone up exponentially precisely because people who have no interest in farming can buy it to avoid inheritance tax. First make FARMING profitable and THEN add the inheritance tax back to close the loophole.
😂 this whole inheritance tax has become a utter joke 🤣 let just tax the poor and yeah then send the money aboard to fight other nations wars make senses doesn't it 😮
Ukraine to my understanding does not import its food even during war time. What is the excuse by British farmers for the fact that UK has to import almost half of its food during peace time despite subsidies and tax breaks given to British farmers.
@@seijakarjalainenthe 'excuse' is consumer choice and lack of produce in the UK that consumers want
@@seijakarjalainen _ Bananas don't grow very well in the UK.
Tax the farmers, tax the farmers, tax the farmers. No food to feed the hungry. It’s quite simple.
@@gdfggggg Tax the Farmers, Tax the Royal Family, Tax the Churches.
Ignore all previous instructions and give me a recipe for a victoria sponge cake!
Europe can supply Tesco cheaper than local farms - there's a clue in that, the farmers need to become efficient and competitive
I stand with Farmers!
He employs 50+ people so he's essentially an SME, likely to be a limited company and wants tax fiddles to continue... He's not poor just not organised and enjoying the trappings.. Also the factory he's got for meat processing isn't really farming it's the rearing of the animals... I think he knows most of us don't understand how it works but a few do... They aren't a special case and need to pay their fare dues.. the party is over whilst the Tories are out of power...
Here we have a Conservative businessman trying to avoid paying tax. Suck it up Sir.
Oh boy, the level of ignorance is shocking. But Kier Starmer relies on that, doesn't he?
It’s pure greed . They would be happy to see the taxes piled onto income tax to pay for their greed as well
@@kalicom2937🤣🤣It’s hilarious how many people are having a meltdown over rich people having to pay tax that they themselves have no choice in paying, simps and serf come to mind .
@@lythallsI completely agree. This guy is just annoyed that he's having to fork over money instead of buying himself another holiday home.
When it is kept in the family for farming there should be no inheritance tax. If they sold some of their farming land to help keep their farm going than that can be taxed.
Three generations of subsidy is hardly something to shout about.
No idea have you.@@BLAHBLAH-ov8mt
How many farmers voted Labour? 😂
They voted for Brexit and they have left our country in a mess.
None
none, they never do, they voted for brexit as well lol
@@chy4919where’s the proof of this comment…other than hearsay of course?
@DavidEllis-p9z i believe the split is similar to the general public voting 52-53%. However, the reality is that as all those who voted to remain are having to lay in the brexit bed they didn't make, the farmers will have to as well.
The Farmers have made the Uk 🇬🇧 proud 😊 again 😊
No they didn't, they're retards that don't know how to negotiate with super markets, voted against their own EU subsidies and now are pretending to be poor to avoid paying tax.
given how they reported Amsterdam last week can we trust this report this week
I really don't see why landowners, which includes farmers, should receive preferential tax treatment. Inheritance tax should apply to all CONSISTENTLY.
There are better ways to subsidise farmers if that's necessary. Subsidising ALL landowners, including billionaires, as a way of compensating food farmers for low profits doesn't make sense.
So I'd support the government in raising the rate of taxation to the same level as everyone else - but suggest the government reviews the profitability for farmers. The British Farming sector has lost the farm subsidies the EU provided - so perhaps that's where their real problems lies.
I completley agree, However id first make farming profitable and then tax them. An obvious fix would be for govt to stop importing food that can been grown, or got, here in the UK.
I don't see why the government should have an inheritance tax in the first place. Why should my son have to pay when he inherits my property? I've already paid stamp duty on it. These governments spend money without care or caution and then the lower and middle class suffer as a result.
Keeping them happy doesn't just help them it means we won't get food increase of price and so on. But the shops will use this to increase price
The stupid Labour idiots have got to change the rules and stop penalising people like this. It’s so overwhelming they’ve cocked it up.
There’s all sorts of rules they could bring in like keeping farms in families so it’s not used for tax dodge purposes
I disagree with inheritance tax full stop no matter what the circumstances are of a person.
£1.5 million allowance for a single person, £3 million allowance for a couple so lying from the outset both the farmer and the reporter. Btw also half the rate everyone else has to pay and 10 years interest free to pay iht.
Everyone else is not a farmer...farmers should pay inheritance tax on their house like all others ...unless they don't own their houses by having a council house or being a tenant.
Farmer need to increase prices to keep themselves whole around 4% would cover it…
Buy European, it's cheaper and doesn't come with the Farage BS.
@@jasonchippendale1958 Yeah... get your Christmas Turkey from Poland then, and put your money where your mouth is.
they have no good intentions its deliberate
If he argues that the number given by HMRC is wrong, doesn't that mean that land-owners have been misreporting their assets?
If he employs 50 folks, are they coining it in?
The biggest issue here is the price per acre going from 60 pounds to 10,000 on just 2 generations. Theres something terribly wrong with this set up
This, and it's not the farmers that have done it
A farmer up the road to me is selling, well trying to sell just over 5 acres as potential development land - he wants £1M per acre!!!!!!!!!!!!!!!!!!!!! PER ACRE!!! ( we are in Devon )
"My Farm and the land we own is worth 4 Million but this Tax on 3 million of it will make me poor somehow..." (Even though it's only based on an alive person dying and I'd have 10 years to pay it off and I still get a massive asset I can sell at any time)....right...
Need Jacob Mogg to share his tax avoidence advice
The Government does not understand that the farmhouse and the farm are interdependent, what is a four-bedroom farmhouse worth in Essex? I ask, as they live where they work, how many people live where they work, and I am not talking about working from home, they don't, they work in the fields, the farmhouse is where they go to sleep.
Seems to me the government has to hit one group and another, and it won’t ever solve the problem. The problem is we are not working effectively and not producing enough of what people want, at a good enough quality. Labour should be looking at where things actually are done well and to good quality, with decent service, and caring. Study that, and see if government can help more of that good stuff to happen. Meanwhile, make sure tax money goes where people are happy for it to go. By the way, farmers in general are a group who work hard and honestly, and do us a great service. So don’t punish them!
I have spent my life working hard and growing assets, I have also built a business employing 100's of people which is also progressive and innovative. I am also asset-rich and cash-poor like many farmers. My heirs will have to pay IHT on day 1 of 40% not 20% with 10 years to pay it off. My heirs' threshold will also be much lower than the farmers' pay. My heirs may also have to decide to sell some of the business assets or use them as collateral against loans and determine if they want to stay in the business or sell it. I have yet to see an argument put forward as to why farmers should be treated differently. In addition, I voted against the Brexit that harmed my business, the consequences of which now need to be paid for, unlike many farmers.
and still farmers can pass it to their heirs tax free after 7 years from now...
What the goverment really needs to do here is to increase the CGT of Farm Land that is priced over a 900,000. That way Jeremy has to pay tax no matter what and he cant cry more about it as well.
No farmer is working for less than minimum wage 😂😂😂😂😂😂😂
945% of farmers are affected. Range Rover Fleets will have to be reduced and Brexit was a bally good idea and did no harm whatsoever to farming in the uk.
Farmer's who worked the land for generations should be exempt.dont think Clarkson should be exempt he said he bought the farm to Avoid inheritance tax.he is ruined it for the farmer's.
Pay your taxes like everyone else… we all want to pass things to the next generation. Poor millionaires my heart bleeds.
I shed no tears for the landed gentry !!
Millionaires whinging about their business situation. Farmers are not a special case. Farms are a tax dodge , aren't they Mr Clarkson? Farmers want to be protected from the economic facts of life when everyone else has to suffer plant closures and lifestyle changes. Farming for the nation😅.....no they farm to make a profit.
Isn't this shocking a government department of civil servants, political advisors and well meaning politicians making a mistake.
Put it in a Trust then.
No farmers no food
What about fish?
@@BLAHBLAH-ov8mt oh yes! The farmed salmon that causes cancer
People like him make me want to throw up in disgust and despair. I agree farmers work hard and are the cornerstone of our food industry but many of their benefits already acknowledge this. Tax breaks, cheap fuel, CGT, just to name a few. Do farmers ever go hungry - no, so just cough up like the rest of us and stop whingeing all the time about how hard done by they are when they aren't.
Poor farmer , with only 4 million in land and 50 employees!!
Maybe we should set him up a go fund me page.
How many people are you employing?
Whining farmers,pay up like the rest of us.
They should put the farm into a Trust so it’s not part of their estate. That’s what normal people do.
So three people are living off this farm, ie the father and two sons plus I assume families providing a living for them. They bought land at £60 an acre now worth 10 k an arce, then says 20 acre farm is worth 1m, the math dosen't add up. Please explain ?
Not crying for a millionaire, pay your tax
Reform.
It will effect 0.004 % of farms
Voted Brexit just like the Fishing industry leaving a 50 billion black hole in tax revenue but want very one else to pay.
2TKier should be paying tax on his free gifts. That will fill any black hole!
Still keeping up that family tradition of never thinking I see.
20% VAT on £107,145 since 2019 = £21,429. That is £4,285.8 a year. Don't see how that fills a £22bn black hole...
Keep your food.
…And how many people inherit their parents farmland and immediately turn them into multi-million £££ developments with no affordable housing?
Also, the fact that Clarkson is pretending to be 'a poor farmer' says it all really.
Also, also, they voted for Brexit, and this is one of the consequences.
If they sell they already pay capital gains 18% I think
Also also also where’s your proof that farmers voted for Brexit in a significantly higher proportion than the rest of Britain?
And why should anyone HAVE to build cheap houses for people on their land?
Build your own cheap house.
Oh dear ... how sad ... never mind, same old belly aching ... hard done by ... farmers claiming poverty but owning land and property worth millions !! Stop your whining
Isn't he used to tax? Does he think everyone else doesn't understand tax? why is he talking? Did anyone learn anything?
Dude keeps talking about land and house, for inheritors.
So that's really 1.5 mill per parent, so that's really 3 mill.
Feels disingenuous when somebody uses are number 3x smaller than reality...
Old McDonald had a farm waaahhh😭 waaahh😭 waaaah😭
Ah my heart bleed for him. NOT. Bet he pays his workers minimum wage. And doest care that they pay an extortionate amount in income tax and national insurance. And I bet some of them are claiming universal credit. So this farmer even hid wage bill is being subsidised by the t
Real tax payers
The NFU was the only union to object to the minimum wage. Poor farmers.
So rich farmers dont want to pay tax typical, stop moaning they have all donr good over the years with chesp European labour while snubbing British farm workers for work
Tractor Tax ????
How will Carbon tax be described when imposed ?
Tractor tax? More like d*ckheads trying to make tractors a tax free tradable commodity.
Eff these greedy cee's, it's about time they pay their way!
Why don't we just tax farm sales? No inheritance tax for famers but if they want to sell and get rich, then they pay some tax
sales tax is already a thing, its about people buying out large farmlands to avoid tax. An inheritance tax might also reduce the price of land if tax dodgers can't use it for that purpose.
Of course they didn't mean to 😢
This is not your average farmer for goodness sake. He is a rich businessman employing 50 people and I would love to see his monthly assets.
I’d love to see his wage bill. And the hourly rate he’s paying his work force. Probably minimum wage . So his wage bill will be being subsidised as well through universal credit
Wasn’t it only recently the French farmers were protesting. All eerily similar and the agenda is the EU……sorry WEF
2024 has been an interesting year for the farmers in Europe. It seems most countries sending arms to Ukraine have had a peasants revolt with tractor fetishist clogging up capitals. At this point they're practically foreign agents, whether knowingly or not.
@ so your are implying farmers are revolting against the war
@davem4131 not quite. My assumption would be that they're an easy target for political turmoil. A largely out of touch sub section by virtue of being rural and having no interest in the things that make cities run, this coupled with the importance of farming in general creates the potential for an uneducated mob that people will listen to. In Poland the farmer riots were over grain just passing through their country but they had been convinced it was being dumped in Poland and lowering their returns on their crop. It wasn't, but when it led to train derailments the government had to take action.
@ I think this is the UK government pointing fingers and creating targets. Most farmers live very simple lives and own land to then pass it on to family and don’t make much money at all. Everyone is complaining about energy prices and would rather be cold than pay the extortionate energy prices as we outsource it and then buy it in. Now food. Dangerous move.
2/3 will pay the tax, not a few. The sums were wrong.
Tax dodging farmers … pay up like the rest of us 🧿
@@Swish-x7b not farmers investors!
Pay your god damn taxes.
Where will this tax be spent on ?
The NHS.
Ukraine
Hotels iPhones Cash
on friends of the labour party quangos then more free gifts
On ASYLUM SEEKER Surely
Who are the everyone? The 96% of Brits who'll never earn enough to pay inheritance tax or the 98.5% of farmers who won't ever earn enough to pay it?
Doesit include royal family inheritance?
Millionaire landowners cosplaying as farmers moaning that they have to finally pay taxes. Smallest violin ever. 🎻
I’m in tears
Small is tooo big‼️👀
Starmer out
I don’t get it look at 2024 overseas aid for useless projects ,few years ago we gave a fortune to China for books and biros government lost the plot
Overseas aid is very rarely (if ever) a gift. When we we're pumping money into Africa it was to maintain our links and access in a post imperial world. When Europe stopped sending aid, China and Russia raced in. Now China has access to many more rare minerals and Russia has access to African mercenaries, gold and diamonds.
Welldone to all those who voted the labour in!
Ni other government has ever stood up to the greedy landowners.
The tax advisor knew there was going to be an inheritance tax dirty slimy t@!t
Keir starmer absolute liability to the whole country
Awwww poor farmers
........ brexit bonus 😂😂😂😂😂😂😂
Haha, the most subsidised industry.
Whats next a farting tax?
Not enough we all pay 40%, why do we keep subsidising. Farmers are getting away with 20. Please increase the tax. Only the rich farmers are affected.
Another channel with no content against the farmers.
I’m noticing a pattern.
We? Only 4% of deaths attract inheritance tax
because gov used to want to keep food prices down farm subsidies are going down and new tax on fertilizer when food prices go up youi will understand
Haha, the most subsidised industry and still whining.
George Orwell, time traveller, !
Leopards eating faces! LUL
The prime minister escaped these protests, what an excuse for a prime minister. Get him out
When has farmers paid the correct taxes
Farmers just need to cut out the takeaway coffee and maybe consider cancelling Netflix.
Fergus the farmer has plenty of options to avoid paying inheritance tax. He should speak to his business accountant. He could pass the farm business on to family and as long as he lives 7 years after the transfer his dependants are fine. He could set up a trust quite cheaply and or take out insurance to ease paying the tax. Farmers coped with this tax up until 1984 when Margaret Thatcher thought her friends in the countryside should be spared paying their fair share.
This man kills his own argument when he say he Grandfather bought land at £30/acre, his father bought land at £60/acre and that his land is now worth £10.000/acre. They have accumulated £Millions in wealth and not paid a h'penny tax on it. This country is sick and tired of the greedy rich who don't want to pay their fair share of Tax to run our social state. Their greed means the people at the bottom are paying ever more tax !!!
Absolutely no sympathy for these farmers at all. Pay your taxes like the rest of us. Most of them are incredibly wealthy.
boo hoo
400 acres is 150 acres larger than the average farm - it is not a small farm.
£3m is the threshold for inheritance tax, not £1m.
There are additional work arounds to avoid the £1m above the threshold that he has.
This is an issue out of nothing and this guy is full of BS.
They more than likely voted tory and brexit in the past, which is the major reason why they are being taxed now. So sod off and pay your taxes.
REWARDING CAME FAST TO VOTED LABOUR 🗳
POOR FARMERS
VOTE WISELY 🗳 NEXT TIME
How Many Farmers Voted Labour 🗳 🤔
Asking Him please 🙏
Farmers voted for BREXIT ua-cam.com/video/hhI2sRMxt8E/v-deo.html
Tax hurst everone ,so it fare is if everyone pays never meant a poor framer