Read the das capitala by Karl Marx the study book based on the working condition of workers in this country when the sun didn’t go down on British empire?
communism took the farms in order for the food to be priced and distributed fairly ,if the government run the agriculture industry .. very different to closing down farms ,
Taking away our independence and forcing us back to trade with the European Union… They really are forcing us to go back by taking everything we own away… this country is turning into a communist nightmare!
@ lmao, very funny. Obviously never eaten British made food in their life. And have no respect for British farmers working tirelessly for the country. Maybe you should try working as hard as they do and maybe you’ll have a change of heart then.
I never believed social media stuff about Gates until I looked into a local South African"family" fertilizer business that was marketing chemicals as 'organic'; I found this local company was within a Russian doll of shell companies and top of the tier were American companies, with Gates as a major shareholder. Gates has huge land holdings all over Africa, pushing GM products and all the chemicals that are banned in Europe. Unbelievable.
They don’t get money from the NFU……. So like the pensioners, Labour hates them and this revenge minded and fueled party are attacking the next group of people who don’t fund them and are more likely to be conservative voters
It’s a disgrace to do this to farmers, they have suffered enough this past few years, let’s hope when Labour falls they should pay compensation to these farmers out of there own purse, we need farms to feed the country and all this government want to do is replace food with solar panels and useless wind turbines, the farmers never get a break, it’s all corruption
A lot of people take for granted that not every one wants to farm the land the world over its a very small percentage of sacrificing people who do this to ensure there is food for the masses. I milky cows seven days a week 365 days a year and all we ever experience is critism and more legislation.
Making farming less attractive is stupid when we are already reliant on importing food to feed our hugely inflated population. We do not have; food security, energy security, we no longer make virgin steel. We are in an incredibly weak position strategically.
@MushMushMuscovaMush yeah, since the late 90s the official figures of people here have gone up by quite a lot. We of course have no idea of the real number of people here. Supermarkets and sewerage companies have suggested figures previously.
Terrible what Labour is doing! I feel horrible seeing this. Sadly, Trudeau has done the same thing to Canadian farmers, doctors, & other self-employed with a huge increase in Capital Gains tax, & our threshold is way lower - it's $250K in current value after which the CG rate is like 80%. A quarter section of farmland is like $400K or more now. Trudeau and his socialism, wokeism, big-spending, corruption, & restriction of our freedoms are killing Canada, just like Labour in the UK. I am feeling your pain.
Friend of mine owns a family farm, milks 250 cows and has about the same number of acres, the staff are himself, his brother, his elderly uncle, his elderly father and one full time farm hand, the land is worth £20,000+ per acre, the cows are worth say £1500 each, thats about £5.5m then the modern yard and 4 houses, so worth about £7m all together and how can that be described as anything other than a family farm? It is insane policy and insane pressure to put on successful family businesses
@@stew7711 no, the point is that this tax is being preached that it will only effect large business type farms and that is not the case, they are going destroy many family farms through no fault of the owners, Inheritance tax is obtuse for many reasons but mainly because it is a tax on unrealised profit, the farm isn’t for sale, it isn’t going to be for sale, the incumbent generation often times have worked all their lives for minimum income in the exchange that the farm will some day be theirs, so in my mates case when his father dies the government are going to come in and say because your dads dead please give us £1m pounds even though you don’t have it and never did.
Farmer are a mad bunch, the majority are asset rich and cash poor! The average farm size is mean to be 217 acres, but with a lot of lot of small holdings included in this average it more like 3-400 acres. Conservatively speaking this would value a lot of farms at £3 million plus and that's before building, and equipment are taken into account. In the business world if you owned a £3 million plus business you would expect a return of maybe 10% especially if you worked your ass off, most farmers income would be much less than £100k with many under £50k and that will be with mum dad and children family and friends helping out at times. They are crazy, but its a lifestyle and they are bloody good at it. We produce the best quality food and have the highest animal welfare in the world. We need to help and look after these people!!
Elon Musk keep fighting for British people. You can afford to speak your mind the oppressed British citizen is afraid to talk common sense openly down to woke controlling
I think most British people would agree farmers should be exempt from most things. No farmers, no food. It’s not like they’re all driving round in Ferraris. Most Farms are only just about viable as it is!
For years, we’ve been told that it was just another talking shop, yet when starmer admits that he prefers working in Davos because they get things done, no journalist has ever asked him just what kind of work it is exactly that he’s been carrying out for them. And why would you want to work for an organisation whose leader says that in the future you will own nothing and be happy?
We have to stand by our farmers, they are our food supplier for goodness sake, just where are Reeves brains, will this apply to Charles as well, if not why not,he rakes in enough of our taxes,
Royal family is just a brand now which they intend to keep in position, there will be no standing in wet freezing trenches for king and country anymore all whilst they and politicians allow an invasion of our own country.
They're too stupid to have come up with this, so I think this is imposed by BIG BUSINESS and on track with what they want: OWN NOTHING AND BE HAPPY! Oh, you have a small farm that's been there for generations? When you die, WE WANT THAT because whoever will inherit will not afford to pay 20% of the value. Oh, you worked hard and tried to invest your hard work in buying another property that you can rent? WE WANT THAT and we'll make you pay through your nose in order to make you sell it. This is in line with that, a future where everything is owned by a handful of big corporations and everyone is renting out everything. When everyday we're getting closer to a world where physical money won't exist and it'll be all online, THIS IS SCARY because by that time we won't be able to even protest it. They'll just do what Canada already did to the truckers when they revolted: block your accounts.
Spot on. The Brits just put up with everything. They have no courage, fight until it’s too late. Look how they all rolled over and did what they were told during the made up covid policies.
Oh yes, read inheritance tax has to be paid prior to its being released for inheritance. Same for those who inherit a pension. It’s going to be very scary for many and many will no doubt lose it all to…. The state!
Private workers should strike. Doctors, council employees, police, MPs are not wealth generators. They don't bring the living standards up of this country.
I always come to GB news to have my comments deleted and to remind me how rubbish the UK has become over the last 30 years and since 80 years ago when us Brits had the remains of the biggest empire in recorded history.
We don't want people thinking fur us in Westminster anymore what the UK has become today the things as argue over the mess Europe has become is down to every politician in Europe and there nations. We was a continent of empires 100 years ago and in that time the UK and Europe has become this while the world l around Europe has what it has today. We deserve better then this.
We live in a world full of nations which stems from European history including America people are ready to criticise us Europeans for our history and label great nations horrible things but the world and the people outside of Europe and living here today are all a part of our history to. You don't want the same people dealing with the future how or the European union who don't take history into consideration things should have been done better after ww2 the way the world is today and how the UK and Europe has changed since now they are making bigger mistakes moving forward today you need fresh blood in charge now.
@@bowjana8128 I for one will be turning off my gas supply at the meter by turning the lever to the off position then switch off the electric supply to my home at the meter to save some cash a supply of some candles won’t go wrong to get some heat…This Labour Lot has Betrayed us…we should all go to our Labour MPs home and protest in our own way…Well they brought this misery to our homes 😡😡🏴🏴
Think a small farm is worth just 1m these days.... I own 44 acres of pasture & its worth 500k. I make 1000 per year from it after hedge cutting etc 😂 10m might be a better allowance, 1m is a joke for real profitable farms. Reverse it you numpties
I bought part of a farm that was being split up. Farmhouse, farm buildings, and 5 acres. Over 1mill in the southwest. All of it needs major renovation. The rest of the land, 40 acres or so was sold for about £14k an acre. This was not a viable farm these days
Reeves, doesn't have a clue and ots showing. Steve Reed is living in cloud cuckoo anything over 75 acres and your finnished. Mr Reed is MP for Croydon very agricultural, they hate farming and the countryside. Big business will buy up all our land ! I buy dunlop steel toecapped Wellingtons £90 ,Steve Reed costs £400 laughable
im 45. i was a landscape gardener and paver, i was injured in accident. i claim benefits now. this is zero incentive to try and rebuild somthing after losing everything during covid. im just renting a room now. whats the point? kicked down from every angle. i need a drink....
@@raygem1943Yes it is, Labour perceives pensioners and people who send their children to private schools and now farmers, are wealthy, and so instigate the politics of envy.
Reeves would be better to go to the countryside and see what a great job the farmer's do...Not listen to the likes of Miliband thinking we should be veggies or worse. NO FARMERS. NO FOOD. (Including veg)!
Yep. A yard, house, fields and expensive equipment, it’s not hard to quadruple that. How are you supposed to get rid of any of that and still carry on? It’s not millions of pounds you can spend, you’re basically handing down a living to your children and not always a lucrative one! The government haven’t got a bloody clue what they’re talking about.
This country is going nowhere whiteout our farmers we really really need to get rid of this government , King Charles you have dissolve Parliament as a matter of extreme urgency.
Farmers struggle enough as it is! Just tax the RICH PEOPLE, private homes worth £500k or more! Now, when farms aren't profitable enough to run, or too expensive to be handed down now, the government will step in, "buy" the land for a pittance and then build homes for the illegal immigrants on it.
How to help slow the financial and cost of living crisis, upset the farmers, place family owned farms into crisis, destroy the morale of farmers and force prices up. A crisis entirely of Starmers making!
It actually protects the rich people responsible for hike in land prices that brought a house and a few fields, but don't add much if anything to our food security. Working farms, however, need buildings, a higher number of acres to be sustainable and accommodation for either the multiple generations working on the farm or any paid help because the houses prices are too high for agricultural wages to cover rural rents near to the farm.
Is this deliberate as part of the governments net zero agenda? In order to force farm land sales so that renewables big business will buy up the land for solar, wind turbines, battery storage installations and substations?
The migrants are the happiest lot. 45 quid a week, free board & lodging, free phone, free clothes, NHS healthcare, free heating (while pensioners freeze) free just about bloody everything.
Its the plan reduced the world population, then everyone thats left own nothing and be happy all except the elites that own everything and even own the people 😢
Elon musk is not stupid you don't get to be that rich if your stupid its so hard for farmers they have lots to contend with including the climate changes its pure hard graft and they do put the food on our table so they should be granted some leeway
One million pounds for a basic family diary farm is nothing the Farmhouse say £100.7500 A barn. £ 50.0000 A workshop. £ 50.0000 A milking parlor £150.0000 Machinery such as a couple of tractors trailers and assorted Machinery £ 500.0000 Total. £ 950.2500 And that is the basic needs with no land or livestock so you can more than double that for a small basic family dairy farm. This government or civil service just don't have a clue about anything.
UK is the expert in tax avoidance schemes with corps and trusts and surely there must be a tool for farmers that want to pass the farms down. If hotels, office buildings, Russian mansions in London can do it farms should.
Did the Farmers ever get the Cash from the Scottish Joke Factory Parliament that was Ring Fenced…Did they ever find out where their money went…😡😡😡😡🏴🏴
Daren Jones, like the rest of this lying shower was not telling the whole truth. The £2 million figure is made up of £1 million on the land (no more than 100 acres which is barely economical) and £1 million for the family farmhouse, outbuildings, equipment etc. and this is assuming that a married couple own the farm so the children have double the IHT allowance. How much house, barns and equipment do you think you can get for £1 million these days when an average semi costs £280k. Do you know how much tractors and their ancillary equipment costs?
A business owner who earns million a year buys a brand New rolls royce for £100k, this is only 1 month's earning, but if a person on minimum living wages of £20k buys a brand new car for £20k, this is whole years wages wiped out, whole country should go on strike until they pay up
Taxes began to rise for the first world war, since then government has got bigger and bigger to the point the country is a total beaurocracy. Beaurocracy and wealth disparity are big facors in the downfall of civilisations. This with high inflation and debt. This has historically led to wars, revolutions, disease, and tyranny.
I don’t really understand the comment by Labour spokespeople saying that tenant farmers won’t be affected by this new change in inheritance tax. Surely it’s is these farmers who will be most affected by this new rule as all their landlord owners will have land assets worth far more than £1m ,therefore liable for millions of pounds in inheritance tax when their estates pass on. Love them or loath them, I can’t imagine that many of these same people will just so happen to have millions of pounds sitting around in bank account ready to pay this new tax in 2026.
Farming already has the highest suicide rates of any industry, and because of this budget it's going up this week. It also has the highest death's and accidents of any industry. Far more loose their lives Farming than get killed serving in the forces. And yet Farming in this country manages to produce 60 percent of the food we eat, that's breakfast, dinner, tea and all the snacks in between from January 1st all the way through to September. And they do it with the average age of a farmer being 60 years old. That means there are a great many that are well over 60. Well into their eighties and even into their nineties,and still trying to do their bit. That also means the government relies on pensioners to feed a nation,when the public servants like themselves have long been put out to grass and are living in a nursing home. Only 15 percent of farmers are under the age of 45. The whole of the food industry are desperate to keep young people in the industry. But Racheal Reeves as just made it impossible. If I put up a new building the whole family helps.We do the footings, dig the holes, set the levels, mix the concrete, pour the concrete, put the steel up ,put the electric in ,put the water in ,do the roof, put the cladding on, make the pens and the gates. The whole family helps with everything, for no wages. They just turn up and help, they all do. We pay for the building and we all put it up. That's Farming. Then I die,why is my son expected to pay for that building again, he's already paid for it once, why does he have to pay for it twice. Rachel Reeves says she is going to encourage investment, HOW. Who in their right mind will invest in their farm with better equipment and new building's and increase the value of their property,only to make it impossible for the next generation to be able to afford to buy their own property back and carry on Farming. The implications of this policy, Those responsible could well live long enough to start to watch their grandchildren starve, Food is not getting expensive because of demand, its getting expensive because there is not enough there.
Even if you use the lowest figures for a small farm, say, 100 acres x £10,000 an acre = £1 million. Add the farm house £500,000. £1.5 million will capture every small farm and force them to sell to pay the inheritance tax. Crazy.
The USA has $13 million death tax exemption on the estate if single person. If married $27 million and if widowed plus unlimited exemption if assets passed to surviving spouse. Now most people don't pay a death tax to Uncle Sam. In 2021 only 2500 estates paid a death tax. It used to be about $5 or $7 million but people complained it was too low it hurt people with family farms and family businesses.
I think Rachel Thieves wrote wrong as someone pushed her. She should and meant to write that land taxes from all riches landowners and nobels and the lot with triple names or members of royalty inheritance. Not the farmers! Oh...may be the royalists and wealthy frowned her. Oh Dear?! Tax the blooming landowners with royalx connections. They have lands and leaseholds in Trust companies. Those should caugh off the black hole money missing!! Not the farmers with their workable lands!!!!!
Stalin did the same. Took the farms which lead to mass starvation. Pure Communisum.
Most farms are in private hands & legally the Govt can't touch them with a massive lawsuit filed against taxpayers if as you say Stalin took over?😲😁
Traiter and needs to be held for total treason of this country.
Read the das capitala by Karl Marx the study book based on the working condition of workers in this country when the sun didn’t go down on British empire?
communism took the farms in order for the food to be priced and distributed fairly ,if the government run the agriculture industry .. very different to closing down farms ,
It's a transfer of wealth to the incredibly wealthy that pay feck all.
No Farmers. No Food.
Total control.
That's the plan.
Taking away our independence and forcing us back to trade with the European Union…
They really are forcing us to go back by taking everything we own away… this country is turning into a communist nightmare!
No food will cause mass riots and looting.
@@johnkitching2248That comment just about sums you up. And as usual you are wrong.
@ lmao, very funny. Obviously never eaten British made food in their life.
And have no respect for British farmers working tirelessly for the country.
Maybe you should try working as hard as they do and maybe you’ll have a change of heart then.
@@johnkitching2248 "We import most of our food. "
And thats the problem. Now go back to davos.
Who controls the food controls the people.
Keep small local family farms.
British farmers contribute very little to British food security. The majority comes from continental Europe.
Farmers now far right
The right wing press has controlled the people for 14 years now.
@@unusedsub3003 you obviously font live in the countryside, farmers are everywhere
@@unusedsub3003 Truffles, escargot and some low quality wine containing a cup of sugar added, from France.
WEF Government happy to close GB farmers and import from the rest of the world
THE FARMERS HAVE THE POWER TO BRING THIS GOVERNMENT TO ITS KNEES....AND LISTENING TO FARMERS WHERE I LIVE....THATS EXACTLY WHAT THEY INTEND TO DO
yes I have heard about this also, the trucking industry is the same. The whole country would come to a standstill.
I would a dictation to super markets and the govnt
It will be well worth the time expense
Farmers are a strong resilient people! They will 100% put up a fight 💪
I support and thank farmers everywhere. Farmers IN Liebore OUT.
Billy boy Gates at Davos is after the lands like over there in America, looks like Kier sold out to Davos for real
Spot on. Starmer is an enemy of the U.K.
Gates was in the Commons last year having tea and biscuits with Sir Stalin…this Labour crank has his orders
I never believed social media stuff about Gates until I looked into a local South African"family" fertilizer business that was marketing chemicals as 'organic'; I found this local company was within a Russian doll of shell companies and top of the tier were American companies, with Gates as a major shareholder. Gates has huge land holdings all over Africa, pushing GM products and all the chemicals that are banned in Europe. Unbelievable.
we all need to wake up to this
Protect our British farmers 🇬🇧
Birds Eye’s peas .
Why? They don’t protect me.
They don’t get money from the NFU…….
So like the pensioners, Labour hates them and this revenge minded and fueled party are attacking the next group of people who don’t fund them and are more likely to be conservative voters
@@unusedsub3003interesting take, so how and where would you prefer to get your food?
@ Continental Europe.
It’s a disgrace to do this to farmers, they have suffered enough this past few years, let’s hope when Labour falls they should pay compensation to these farmers out of there own purse, we need farms to feed the country and all this government want to do is replace food with solar panels and useless wind turbines, the farmers never get a break, it’s all corruption
Weird - exactly same thing, exactly what is happening in Canada. International coordinated effort to shut down farms ?
Whats happening in Canada?
Use to Farm over there, back in the UK now.
Also in the Netherlands where their Government put a ridiculous limit on Nitrogen fertilizer which effectively made arable farming impossible.
This is happening in all commonwealth countries their turning the west into comunist countries
A lot of people take for granted that not every one wants to farm the land the world over its a very small percentage of sacrificing people who do this to ensure there is food for the masses. I milky cows seven days a week 365 days a year and all we ever experience is critism and more legislation.
@@aaronsmyth53 Thank you for what you do. Farmers IN Liebore OUT.
They're targeting an asset you clearly can't hide, unlike the ones all their mates hide behind shell companies in offshore accounts.
Making farming less attractive is stupid when we are already reliant on importing food to feed our hugely inflated population.
We do not have; food security, energy security, we no longer make virgin steel.
We are in an incredibly weak position strategically.
alot of us have a problem tying our shoelaces
Hugely inflated population...
@MushMushMuscovaMush yeah, since the late 90s the official figures of people here have gone up by quite a lot.
We of course have no idea of the real number of people here. Supermarkets and sewerage companies have suggested figures previously.
@@MushMushMuscovaMush i.q also dropping
Terrible what Labour is doing! I feel horrible seeing this. Sadly, Trudeau has done the same thing to Canadian farmers, doctors, & other self-employed with a huge increase in Capital Gains tax, & our threshold is way lower - it's $250K in current value after which the CG rate is like 80%. A quarter section of farmland is like $400K or more now. Trudeau and his socialism, wokeism, big-spending, corruption, & restriction of our freedoms are killing Canada, just like Labour in the UK. I am feeling your pain.
We have capital gains in the UK, followed by inheritance tax, on assets, stamp duty, purchase tax and property taxes going up.
😢
Friend of mine owns a family farm, milks 250 cows and has about the same number of acres, the staff are himself, his brother, his elderly uncle, his elderly father and one full time farm hand, the land is worth £20,000+ per acre, the cows are worth say £1500 each, thats about £5.5m then the modern yard and 4 houses, so worth about £7m all together and how can that be described as anything other than a family farm? It is insane policy and insane pressure to put on successful family businesses
They need to put it all into a TRUST to protect it 💯%
It's noticeable how this attack on farmers is occurring at the same time as Labour are tearing up planning restrictions on the countryside.
Worth £7mill and we are expected to feel sympathy because He has to pay inheritance tax like everybody else.
@@stew7711 no, the point is that this tax is being preached that it will only effect large business type farms and that is not the case, they are going destroy many family farms through no fault of the owners,
Inheritance tax is obtuse for many reasons but mainly because it is a tax on unrealised profit,
the farm isn’t for sale, it isn’t going to be for sale, the incumbent generation often times have worked all their lives for minimum income in the exchange that the farm will some day be theirs,
so in my mates case when his father dies the government are going to come in and say because your dads dead please give us £1m pounds even though you don’t have it and never did.
Well said.
End all food and drink deliveries into the Borough of Westminster.
Stop feeding the beast.
This is a deliberate action, not a misunderstanding.
Farmer are a mad bunch, the majority are asset rich and cash poor! The average farm size is mean to be 217 acres, but with a lot of lot of small holdings included in this average it more like 3-400 acres. Conservatively speaking this would value a lot of farms at £3 million plus and that's before building, and equipment are taken into account. In the business world if you owned a £3 million plus business you would expect a return of maybe 10% especially if you worked your ass off, most farmers income would be much less than £100k with many under £50k and that will be with mum dad and children family and friends helping out at times. They are crazy, but its a lifestyle and they are bloody good at it. We produce the best quality food and have the highest animal welfare in the world. We need to help and look after these people!!
As a farmer thank you for your support, use are the sort of people I want to make sure get their food
So many people haven’t got a clue what is coming,mention WEF and they have never heard of them.
I stand with our hand working farmers.
Labour has always hated farmers.
And the hard working .
“Ger off ma land!” What’s not to love about farmers? 🙄
It's just not true.
Communists always go after the farmers.
Government Hates the Farmers, The Thick Government Taxes the Farmers on every thing so the Farmers aren't Making any money
There's a saying and it goes like this. Don't bite the hand that feeds you. truly dissgusting what labour is doing.
this far exceeds biting the hand.....this is canibalism. Utterly disgusting.
“Control the Food, control the People. Control the Energy, control the Continents. Control the Money, control the World''.
Elon Musk keep fighting for British people. You can afford to speak your mind the oppressed British citizen is afraid to talk common sense openly down to woke controlling
The british farmers march on the 19th of November at the *church house conference centre near Westminster* and to help support our farmers from labour
Great, I hope they are filling up their muck spreaders for Downing St.
As a family of farmers in wales thank you for the date and info.❤
I think most British people would agree farmers should be exempt from most things. No farmers, no food. It’s not like they’re all driving round in Ferraris. Most Farms are only just about viable as it is!
YOU WILL OWN NOTHING AND BE HAPPY
For years, we’ve been told that it was just another talking shop, yet when starmer admits that he prefers working in Davos because they get things done, no journalist has ever asked him just what kind of work it is exactly that he’s been carrying out for them. And why would you want to work for an organisation whose leader says that in the future you will own nothing and be happy?
Just what I was thinking
Who said that?
@@HelmutSchmacker. Sir Keir is already a decorated and double-sworn servant of Kaiser Charles. He doesn't need to be in Davos.
@@HelmutSchmacker. Just cold war communism
Correct. 1m is tiny for a family farm
house in country.
This policy will effect an extremely tiny number of farmers. It's time the wealthy paid up.
@@martynblackburn9632 come back when you can spell 🤣
@@martynblackburn9632are you delusional? Sounds like you’re jealous to me of people who work hard and get rewarded for it?
@@martynblackburn9632Farmers pay income tax and if they sale the land they pay capital gains tax.
We have to stand by our farmers, they are our food supplier for goodness sake, just where are Reeves brains, will this apply to Charles as well, if not why not,he rakes in enough of our taxes,
Royal family is just a brand now which they intend to keep in position, there will be no standing in wet freezing trenches for king and country anymore all whilst they and politicians allow an invasion of our own country.
Only Cornwall. @@johncolley3317
@@ML-xh1go He didn’t pay a penny inheritance tax on everything he got from Mummy !
They're too stupid to have come up with this, so I think this is imposed by BIG BUSINESS and on track with what they want: OWN NOTHING AND BE HAPPY!
Oh, you have a small farm that's been there for generations? When you die, WE WANT THAT because whoever will inherit will not afford to pay 20% of the value.
Oh, you worked hard and tried to invest your hard work in buying another property that you can rent?
WE WANT THAT and we'll make you pay through your nose in order to make you sell it.
This is in line with that, a future where everything is owned by a handful of big corporations and everyone is renting out everything.
When everyday we're getting closer to a world where physical money won't exist and it'll be all online, THIS IS SCARY because by that time we won't be able to even protest it. They'll just do what Canada already did to the truckers when they revolted: block your accounts.
Spot on. The Brits just put up with everything. They have no courage, fight until it’s too late. Look how they all rolled over and did what they were told during the made up covid policies.
Notice how the media never bring up the points you have discussed.
Labour chasing the Kulaks. Tale as old as time. People have short memories
Oh yes, read inheritance tax has to be paid prior to its being released for inheritance. Same for those who inherit a pension. It’s going to be very scary for many and many will no doubt lose it all to…. The state!
This is obviously a WE F policy . Starmer doing as he is told .
Mass non-compliance. That is the only way there is more of us than there is of them.🇬🇧🇬🇧🏴🏴 this is our land not theirs
Absolute disgrace
Bring on the strikes
Private workers should strike. Doctors, council employees, police, MPs are not wealth generators. They don't bring the living standards up of this country.
Public sector is a dirty word!
The oldest generation of work hard and save is over best get spending or they take it all off you also working hard gets you nowhere
I always come to GB news to have my comments deleted and to remind me how rubbish the UK has become over the last 30 years and since 80 years ago when us Brits had the remains of the biggest empire in recorded history.
We don't want people thinking fur us in Westminster anymore what the UK has become today the things as argue over the mess Europe has become is down to every politician in Europe and there nations. We was a continent of empires 100 years ago and in that time the UK and Europe has become this while the world l around Europe has what it has today. We deserve better then this.
We live in a world full of nations which stems from European history including America people are ready to criticise us Europeans for our history and label great nations horrible things but the world and the people outside of Europe and living here today are all a part of our history to. You don't want the same people dealing with the future how or the European union who don't take history into consideration things should have been done better after ww2 the way the world is today and how the UK and Europe has changed since now they are making bigger mistakes moving forward today you need fresh blood in charge now.
What will labours Britain be like in 5 years time ?
@@bowjana8128 I for one will be turning off my gas supply at the meter by turning the lever to the off position then switch off the electric supply to my home at the meter to save some cash a supply of some candles won’t go wrong to get some heat…This Labour Lot has Betrayed us…we should all go to our Labour MPs home and protest in our own way…Well they brought this misery to our homes 😡😡🏴🏴
Thick Government Labour Leave the Farmers alone, Farmers aren't making any money any more
Is it just a coincidence this is occurring at the same time that Labour are tearing up the greenbelt?
it's about getting control of the food supply.
Why was Gates in 10 drowning street then 😕
After noon tea .
Keir Stalins 'Great leap forward'
Think a small farm is worth just 1m these days....
I own 44 acres of pasture & its worth 500k. I make 1000 per year from it after hedge cutting etc 😂
10m might be a better allowance, 1m is a joke for real profitable farms.
Reverse it you numpties
I bought part of a farm that was being split up. Farmhouse, farm buildings, and 5 acres. Over 1mill in the southwest. All of it needs major renovation.
The rest of the land, 40 acres or so was sold for about £14k an acre. This was not a viable farm these days
Reeves, doesn't have a clue and ots showing. Steve Reed is living in cloud cuckoo anything over 75 acres and your finnished.
Mr Reed is MP for Croydon very agricultural, they hate farming and the countryside.
Big business will buy up all our land !
I buy dunlop steel toecapped Wellingtons £90 ,Steve Reed costs £400 laughable
Lets have some French style farmers protests
Farmers in Holland are getting the same treatment.
Labour Hate Farmers....
im 45. i was a landscape gardener and paver, i was injured in accident. i claim benefits now. this is zero incentive to try and rebuild somthing after losing everything during covid. im just renting a room now. whats the point? kicked down from every angle. i need a drink....
🍻
An envy budget,
I don’t think 😡😡😡
Socialists would rather steal than earn.
A spite budget.
@@raygem1943Yes it is, Labour perceives pensioners and people who send their children to private schools and now farmers, are wealthy, and so instigate the politics of envy.
Imagine breaking farms up to pay for inheritance tax
Our food production will collapse
Look at the Long Game they want to own the means of production.....
Reeves would be better to go to the countryside and see what a great job the farmer's do...Not listen to the likes of Miliband thinking we should be veggies or worse. NO FARMERS. NO FOOD. (Including veg)!
Let us know when the march will take place?
I want to be on it. . .
Let's face it - most Farms on paper will be worth over £1 million - just because of the land! This Government is shameful!!!
Yep. A yard, house, fields and expensive equipment, it’s not hard to quadruple that. How are you supposed to get rid of any of that and still carry on? It’s not millions of pounds you can spend, you’re basically handing down a living to your children and not always a lucrative one! The government haven’t got a bloody clue what they’re talking about.
This country is going nowhere whiteout our farmers we really really need to get rid of this government , King Charles you have dissolve Parliament as a matter of extreme urgency.
Tony Blair said to Farmer's "Go bigger or Diversify!". Labour today "now your bigger I'm going to Tax you more".
Farmers work hard 365 days a year. Send Starner and Reeves to work on a farm for a week. See, how they change their minds. STANDING WITH THE FARMER'S
“Don’t bite the hand that feeds you”
Billy goat gates will be involved in this ,he can smell a profit ,slime ball
Farmers struggle enough as it is! Just tax the RICH PEOPLE, private homes worth £500k or more!
Now, when farms aren't profitable enough to run, or too expensive to be handed down now, the government will step in, "buy" the land for a pittance and then build homes for the illegal immigrants on it.
There’s a small hill farm near me for sale at 1.6 million, they can’t pass it on like intended, the farm isn’t that big, basically they’re screwed 🤷
After gates visit to no.10 last month.. join the dots…
How to help slow the financial and cost of living crisis, upset the farmers, place family owned farms into crisis, destroy the morale of farmers and force prices up. A crisis entirely of Starmers making!
Instead of taxing farmers put a corresponding import tax on all imported food.
It actually protects the rich people responsible for hike in land prices that brought a house and a few fields, but don't add much if anything to our food security. Working farms, however, need buildings, a higher number of acres to be sustainable and accommodation for either the multiple generations working on the farm or any paid help because the houses prices are too high for agricultural wages to cover rural rents near to the farm.
I think they are settling up a mass starvation event,
That's the world plan, I have been buying extra tin food for a rainy day ,I think its getting close now .
Yes but not over night. Already many are struggling. It’s more a case of picking them off one by one.
It all boils down to the fact that this woman doesn’t have a clue what she’s doing .
She's told what to do WEF influence and steamer blair
Another actress.
Is this deliberate as part of the governments net zero agenda? In order to force farm land sales so that renewables big business will buy up the land for solar, wind turbines, battery storage installations and substations?
there is some real lunatics commenting on this! they think food only comes from Tesco
Where are these comments from people that think it comes from Tesco, stop chatting shite
I am hearing a lot regarding farmers going on strike
Elon is right ....he's more in tune then starmer and the rubbish in parliament
Commeys
This is equivalent of Henry 8 going after the monistary, that's highly cynical of this awful dreadful government
Might as well have nothing and go on the benefits with vouchers for food and clothes like all these immigrants….
The migrants are the happiest lot. 45 quid a week, free board & lodging, free phone, free clothes, NHS healthcare, free heating (while pensioners freeze) free just about bloody everything.
Its the plan reduced the world population, then everyone thats left own nothing and be happy all except the elites that own everything and even own the people 😢
@@macatSkye They have cigs & booze too.
@MushMushMuscovaMush 🤣
That's bn the plan since 2020😂it slowly coming in.the ELITES AND THE PEASANTS,😂all planned.wakey wakey.lol.
Thieves and liars
@@Deepfake820 not all farmers but the majority are .
@mikechesh-nq9gj you're a fine example of how veganism turns a brain to mush
Hope the farmers turn up with their manure trucks like the farmers did in France!
Lets have more farmers markets and buy directly from these hard working bastions of community.
Why bother working
He needs those £400 wellies as he knows he's going to be wading through a lot of sh!t soon.
Elon musk is not stupid you don't get to be that rich if your stupid its so hard for farmers they have lots to contend with including the climate changes its pure hard graft and they do put the food on our table so they should be granted some leeway
Net Zero and Housing. Same as France, Netherlands, etc etc
We need laws to keep English Farm Lands English!
One million pounds for a basic family diary farm is nothing the
Farmhouse say £100.7500
A barn. £ 50.0000
A workshop. £ 50.0000
A milking parlor £150.0000
Machinery such as a couple of tractors trailers and assorted Machinery £ 500.0000
Total. £ 950.2500
And that is the basic needs with no land or livestock so you can more than double that for a small basic family dairy farm.
This government or civil service just don't have a clue about anything.
UK is the expert in tax avoidance schemes with corps and trusts and surely there must be a tool for farmers that want to pass the farms down. If hotels, office buildings, Russian mansions in London can do it farms should.
There is, but that's just not a good story unfortunately
We can slammed as we please to Labour Government,but it is already announced
Did the Farmers ever get the Cash from the Scottish Joke Factory Parliament that was Ring Fenced…Did they ever find out where their money went…😡😡😡😡🏴🏴
Westminster kept it and got interest own it nothing ever went to Scotland
@@stuartrobertson4714 what a load of feckin crap that’s why the SNP Joke Factory’s days are doomed 🏴🏴🏴🏴🏴😡😡
I want to know why all the people in power don’t pay taxes they most owe trillions
Daren Jones, like the rest of this lying shower was not telling the whole truth. The £2 million figure is made up of £1 million on the land (no more than 100 acres which is barely economical) and £1 million for the family farmhouse, outbuildings, equipment etc. and this is assuming that a married couple own the farm so the children have double the IHT allowance. How much house, barns and equipment do you think you can get for £1 million these days when an average semi costs £280k. Do you know how much tractors and their ancillary equipment costs?
These gig coperations will buy them up and bring cruel farking tactics they womt care about the animals or crops
So the “no higher taxes on working people” means farmers don’t work right?
Shocker that a party that cannot define what is a woman, couldn’t define a farmer as a working person…….
Jokers
A business owner who earns million a year buys a brand New rolls royce for £100k, this is only 1 month's earning, but if a person on minimum living wages of £20k buys a brand new car for £20k, this is whole years wages wiped out, whole country should go on strike until they pay up
Taxes began to rise for the first world war, since then government has got bigger and bigger to the point the country is a total beaurocracy. Beaurocracy and wealth disparity are big facors in the downfall of civilisations. This with high inflation and debt. This has historically led to wars, revolutions, disease, and tyranny.
I don’t really understand the comment by Labour spokespeople saying that tenant farmers won’t be affected by this new change in inheritance tax. Surely it’s is these farmers who will be most affected by this new rule as all their landlord owners will have land assets worth far more than £1m ,therefore liable for millions of pounds in inheritance tax when their estates pass on.
Love them or loath them, I can’t imagine that many of these same people will just so happen to have millions of pounds sitting around in bank account ready to pay this new tax in 2026.
We well voteeeeee again 😡😡😡😡
we will own nothing
Farming already has the highest suicide rates of any industry, and because of this budget it's going up this week. It also has the highest death's and accidents of any industry. Far more loose their lives Farming than get killed serving in the forces. And yet Farming in this country manages to produce 60 percent of the food we eat, that's breakfast, dinner, tea and all the snacks in between from January 1st all the way through to September. And they do it with the average age of a farmer being 60 years old. That means there are a great many that are well over 60. Well into their eighties and even into their nineties,and still trying to do their bit. That also means the government relies on pensioners to feed a nation,when the public servants like themselves have long been put out to grass and are living in a nursing home. Only 15 percent of farmers are under the age of 45. The whole of the food industry are desperate to keep young people in the industry. But Racheal Reeves as just made it impossible. If I put up a new building the whole family helps.We do the footings, dig the holes, set the levels, mix the concrete, pour the concrete, put the steel up ,put the electric in ,put the water in ,do the roof, put the cladding on, make the pens and the gates. The whole family helps with everything, for no wages. They just turn up and help, they all do. We pay for the building and we all put it up. That's Farming. Then I die,why is my son expected to pay for that building again, he's already paid for it once, why does he have to pay for it twice. Rachel Reeves says she is going to encourage investment, HOW. Who in their right mind will invest in their farm with better equipment and new building's and increase the value of their property,only to make it impossible for the next generation to be able to afford to buy their own property back and carry on Farming. The implications of this policy, Those responsible could well live long enough to start to watch their grandchildren starve, Food is not getting expensive because of demand, its getting expensive because there is not enough there.
Get Charles to pay his tax 4:38
Even if you use the lowest figures for a small farm, say, 100 acres x £10,000 an acre = £1 million. Add the farm house £500,000. £1.5 million will capture every small farm and force them to sell to pay the inheritance tax. Crazy.
The USA has $13 million death tax exemption on the estate if single person. If married $27 million and if widowed plus unlimited exemption if assets passed to surviving spouse. Now most people don't pay a death tax to Uncle Sam. In 2021 only 2500 estates paid a death tax. It used to be about $5 or $7 million but people complained it was too low it hurt people with family farms and family businesses.
Yes this on top of Covid and Brexit, I really do feel for them
Grants, subsidiaries, rebates, vat free, inheritance tax= benefits.
Give the disable and poor benefits = outcry
I think Rachel Thieves wrote wrong as someone pushed her. She should and meant to write that land taxes from all riches landowners and nobels and the lot with triple names or members of royalty inheritance. Not the farmers! Oh...may be the royalists and wealthy frowned her. Oh Dear?! Tax the blooming landowners with royalx connections. They have lands and leaseholds in Trust companies. Those should caugh off the black hole money missing!! Not the farmers with their workable lands!!!!!
About time farmers and big business pays their share