The Farmers

[dextrous63]

I'd imagine that the inclusion of IHT may now devalue farms, if one of the reasons for wealthy people to buy them is to avoid paying it🤷🏻�♂️

[muddy]

Correct it was the IHT loophole that caused the increase in value of agricultural land .

[GrannyMac]

Where is this Granny ?

In North West England.

[klondike]

How many farmers do you know ?

My granddaughter is married to one. I also spend time in the countryside and see them out in the fields for long periods on such exciting tasks as muck spreading. There are few farm labourers left these days - the farmers do it using machines that on their own would take even fairly modest farms into inheritance tax territory. They aren't poor true but they work damned hard and a lot of the money goes right back into the farm. Sell the land or machines off to pay the new tax and the farm will no longer be viable. They were exempt and paid subsidies for a very good reason - not because they were mates of the local Tory MP.

[JBR]

If idiot Starmer continues to go ahead with his policies, like the one on discussion, all he will achieve is the majority of productive workers in this country will either take their money and flee, or even simply just give up.

It's very much as if he is just trying to bankrupt the whole country.  If so, where will he go next?
Russia?

[Raven]

I'm very glad Dunc sold the farm a while back, we kept the old Cattleman's cottage that he's lived in for the past 30+ years along with the 3 big fields around us, for the Clydes, growing Winter Feed ect, and one of the tractors and a few attachments.
Life is so much easier for him now, though he does help out the new guy..... Often.
This is/was a 4th generation farm but as Dunc has no children it was decided to sell it.