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2024-10-31 11:19
Farmer nearly crying on James O’B Has to now pay inheritance tax now like others over £375k He then discloses his land is worth £2.5million. Yeah, jog on.
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MimiJ
mimij989
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22 分鐘內
S
laughinggravyx_
So he’s worked hard all his life and earnt that money, paid tax on it. Just for the government to swoop in when he dies and claim a load of it for themselves. Yeah seems really fair. Kinda takes away the incentive to work hard and leave something for your family doesn’t it
36 分鐘內
Ben Hall
ethicalblend
So you'd rather that land be split up and sold off for housing and industrial development? Where are we going to get our food from?
一小時內
Billy Martin
billymartin
It’s worth 1 farm. That’s it. Soon to be taxed out of existence
3 小時內
Stephanie Choi
stephirine
Their family will probably have to sell the farm to pay the tax, so essentially ending the farm at this generation.....terribly sad!
9 小時內
Donald MacKenzie
donaldmackenzie5252
A farmer who has to pay tax, at 40%, on death, on land he farms, is not going to be able to pass on the farm he ran, to his children. There will be farms that are unviable after losing a chunk of land to pay IHT.
20 小時內
Margot Hodson
margot.hodson
Farmers are often asset rich but income poor. One of the biggest problems in farming is that the next generation does not want to farm. So it is an aging occupation. Younger people from non farming families who do want to farm can't afford it. Needs to be some creative thinking somewhere.
一天內
Mav Rick
maverick6532_
Look at Clarkson, farmed for a year, has millions in land assets, yet made £175.00 profit at the end of the year. Just because you have land; doesn’t mean you eat caviar. (Although Clarkson is cash rich)
一天內
Dan Heller
daniel.j.heller
These are the people feeding us, keeping us healthy and alive. Working 12+ hours every day all year long. You fucking jog on
14 天內
Den Howlett
howlettden
Nit/ he isn’t paying. It’s his estate. Unless he does some pretty simple tax planning.