Agree or disagree with the policy change, but the money from inheritance tax doesn’t go to the politicians, it goes to the treasury to either pay off national debt or goes on public spending.
Exactly. The darn goofed on the limits on this. Are there many other businesses that are taxed on key assets like this? Hopefully this brings some sorting out of the exceptionally complicated laws
The only farmers whose inheritors will pay this are multi-millionaires. They then pay half the rate other taxpayers will need to pay and have 10 years to pay it.
The salary most farmers live off of is absolutely ludicrous considering the significant amount of work they do and how much they contribute to the infrastructure. You know England, in America the last time the British government imposed an unfair tax on us we had a whole thing about it. The Ludy isn’t too hard to construct 😂
The common story of the famous Boston Tea Party isn't quite right: The protest wasn't triggered by a new tax as such, but by a tax exemption that only applied the to the politically well-connected East India Company. People were already annoyed at the tea tax, but when they heard that they would be expected to pay it while the EIC - a company which many MPs owned shares in - was granted tax-free operation the anger erupted to a full blown riot at this blatantly unfair double standard.
If they don't like it. They should go stack Super Market Shelves for 12 hours per day at £12.20 per hour. NO MORE SOCIALIST FREE MONEY HANDOUT FOR THE RICH FARMERS.
It's true, but it's not exactly government's fault. It's just that farming in the UK isn't really economical any more. Labor costs are relatively expensive, in global terms. Land prices are hugely high, compared to most of the world. There are strict environmental, safety and animal welfare laws. And the climate is famously unpredictable, making harvests inconsistent. It's actually cheaper to import many foods from elsewhere in the world - where farms can be huge and so benefit from a greater economy of scale, and where agricultural laborers earn a few pounds a day. The UK supports farming with a number of tax incentives - they pay no fuel tax - and outright subsidies in the form of grants. Until recently, the inheritance tax exemption was one of those incentives. But it's still not enough. The farmer interviewed in the video says that importing food is more expensive, but he is just wrong: Modern shipping makes importing dirt cheap. The same super-cheap shipping that lets you buy cheap tat on Temu can just as easily carry a refrigerated container full of meat, fruit and veg, and bulk cargo is even cheaper.
Tories beat Starmer to it. They have made sure Labour had to make unpopular decisions one after the other. Grow up a bit and stop trying to whitewash the last 14 years.
Sader that they don't realise the food doesn't Have to come to London. My brother warned me we will see food riots in London this decade, history will say this is a step if so...
If farmers strike or sell up we will just import more food. Let them get on with it. They won't of course because it only affects a small percentage of them.
Holding up traffic, causing jams that emergency services can get stuck in. Wheres the prison sentences for the road blockers?? Clarkson admits he bought a farm to avoid tax !
Ahh, you mean the 500 tractors parked in Whitehall in a prearranged protest with police blocking off roads? Spend more time on education and less on pathetic moron level YT comments.
100% behind the farmers. But just watch the supermarkets rather than support the farmers with a fair price for the food they produce they will hike the prices of everyday products as they become harder to stock milk, eggs, bread and so on please check prices
@alfsmith4936 Good. Imported food is cheaper. I'm white British and working class. I don't care where my food comes from and neither do my starving kids.
Farmers are some of the most greediest people in the UK, boo-hoo, pay the tax just like most other people have to, the minimum to start paying it is a Million Pounds (roughly owning 125 acres of land), utterly disgusting...
I assume you have never been to a working farm as your knowledge about it is lower than a worms . Farmers are and always have been asset rich and cash poor as all their income goes into keeping the farm running and what tax they do pay funds the bone idle benefit scroungers of which i assume you are one of .
Politics of envy at its finest. You obfuscate the facts with the small percentage of rich farmers. Most are struggling. Most of our farmers are asset rich but cash poor, they support their family on less than the average wage. You can eat the food from Bill Gates’ super farm and all the carcinogens in that. I’m sure you’ll change your mind then?
Nobody should pay inheritance tax, especially the farmers who can't just sell a bit to raise cash. It's a death tax on things you've already paid tax on to buy, so effectively taxed twice. Move abroad now if you can before things get much worse.
All taxes are, because money goes around and around. You pay income tax, then you pay VAT at the store, the store pays corporation tax*, the store pays their employees who also pay income tax, who then shop somewhere else and pay VAT... and around and around and around it goes. With each transaction there is a chance for the government to tax a little, and they in turn use that money to pay their employees or pay suppliers and contractors. *Well, no, because the store probably makes all their profits in a small office in Jersey for tax reasons, but you get the idea.
Hope they're not using red diesel in those tractors and have paid the ULEZ and congestion charge. Odd how Just Stop Oil protestors get arrested for just discussing blocking the road...
No need, agricultural machinery is exempt. It was only crooked fly tippers who had to keep an eye out for the man from the ministry. Here's the rub the crooked fly tippers used to buy the Red off of crooked farmers.
Inheritance taxes, double taxation, should be against international law. The suggestion of it should be a violation of criminal code punishable by instant loss of citizenship and immediate deportation.
...their business model is the issue. They sell in bulk to supermarkets, who enjoy huge economies of scale...which by definition means farmers don't make as much money. Farmers were wealthier when they sold to independent grocers, but they had higher costs due to needing more staff but saw an opportunity to make money quicker and took it. The whole food chain is in a mess, they supported brexit making things much worse for themselves. Farmers are protesting all over Europe but here it's made worse due to our weaker trading position...the business model is the problem. Protesting won't help and neither will taxing them....having said that, it affects 4% of them....which ironically is the exact percentage that's dropped off our GDP courtesy of brexit. At least Farage is behind them...oh wait, he wants to boycott them....
Can you imagine if those first two women's dad died and he left it to their brother and they pay the 20% inheritance and then the brother died 1 year later then they'd have to pay that 20% again. None of us should be paying this. We've paid tax on everything we own and every thing we've earned or bought. All our lives its tax and tax and more Tax and then tax has to be paid AGAIN by our descendants for whatever we manage to leave them. The fkn roads aren't even being swept anymore here. I suppuse this is a drop in the ocean really because this Country will be complete chaos in another 10 years.
You can tell which site reporters take by the way they describe the change to the law. Those supporting the farmers describe it as a new tax on farmers, while those supporting the government describe it as eliminating a tax exemption that applies to agricultural land. Legally it's the latter, but economically it doesn't make much difference.
@@PrincessGriftess-px9bk Of course they do.. They're the only people working in the morning, aren't they?.. Have you been sniffing the country air, or something? When I worked on a farm, the farmer didn't even get out of bed until 10 because he payed other people to do the heavy work.
Yes, it was. There's a TV at work which shows BBC News, I saw the protests covered on there today. There was someone being interviewed standing in front of a tractor. I didn't stay to watch, but the story was covered.
والله العظيم ماتكلمت الا من الجوع والفقر وضيق الحال انا وامي واخوني نموت من الجوع يشهد الله ضروفنا قاسيه واجبرتني على هذا اشي ياعالم حسوا فينا ارجوكم والله العظيم رب العرش العظيم انه الاكل ما في عندي بالبيت والله يا اخواني انه اخوني بقعدو باليومين مافى اكل والله وضعنا كثير صعب اني وامي واخوني داخل البيت وابي متوفي ولا يوجد من يعول علينا وساكنين في بيت اجار لانستطيع دفع الاجار اللي باقي علينا ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' اقسم بالله على كتاب الله يا خوان ما فيه دخل علينا ولا من ايا شخص ربي يجزيك الخير يا فاعل الخير انا داخله على الله ثم عليكم يااهل الخير تقفوا معنا يا عالم حسوا فينا يا اهل الخير وين النخوة وين الاخوة وين الرحمه الى اوصى عليه النبي محمد بجاه النبي محمد تحسوا فينا انا بطلب منكم لو تساعدونى لو بثمن اكل مش طالبه شي غير انه نسد جوعنا ارجوكم من غير تجريح وكلام بكسر الخاطر انا يا خوان العيشة والله ما . عيشة فيكم تتاكدو يا اهل الخير انا توسل لكم ابوس على ايدكم تساعدونى ارجوكم امانه عليكم انا اعتبرونى اختكم عرضكم ساعدونى والله لول الضيق والفقر ما مديت ايدي اشحد من الناس استرونى يستر عرضكم وربنا يفرحكم في اطفالكم واهلكم ويبعد عنكم الضيق والحزن وربنا يجعل هذا المساعده في ميزان حسناتكم ساعدونى لو بثمن الاكل او بثمن اجار البيت ارجوكم يا اخواني يا اصحاب الضمير الحي يا اهل الخنوة واهل الكرم ارجوكم ساعدوني لو بشي قليل امانه عليكم والي حاب يساهم معي ربي يجزيه كل خير هذا رقمي00967713342392 الوتساب اللي يستطيع يساعدنا يتوصل نمرتنا واتساب معنا نعطيه الاسم الكامل العنوان ويحول لنا بما يستطيع وانا وسرتي نسالك بالله لولك مقدره على مساعدتنا لاتتاخر علينا و جزاك الله خير الجزاπ~π÷π÷~π~ππ~π~×~π~÷~π~÷~π~÷~π~π÷~÷~π~π~π~^~÷~÷~×~√~π~π~√√π~π~π~π~π~π~÷~π~π~π~π~÷~÷~ππ~π~÷~π~^`÷~√`ππ~π~÷~π~π~^رπ~π~π~π~π~√~π
I bought a set of silk sheets to set the mood. They're so slippery that every time we try to get close, one of us ends up sliding off the bed. At least it's good for a laugh😻
Poor farmers, if only they didn't have enough assets, money etc to pass on to their children, a bit like 90%of the population.
So sad for the farmer's that it has come to this because of our greedy politicians,
Agree or disagree with the policy change, but the money from inheritance tax doesn’t go to the politicians, it goes to the treasury to either pay off national debt or goes on public spending.
Yes, but the sad farmers voted for Brexit!
aww, i bet it will have been the first time some londoners have seen a tractor in the metal.
A cynical political move that is not well supported.
Exactly. The darn goofed on the limits on this. Are there many other businesses that are taxed on key assets like this?
Hopefully this brings some sorting out of the exceptionally complicated laws
I,m with the Farmers 100%
I'm with the govt 100%
Is this the 7% of farmers that will actually pay the tax?
Is it correct that even the few that pay it will get 8 years to pay?
The only farmers whose inheritors will pay this are multi-millionaires. They then pay half the rate other taxpayers will need to pay and have 10 years to pay it.
...I thought it was 4%?
I stand with the farmer's of the uk.
LIAR.
What's their problem? They voted for Brexit in their droves, so they clearly want to be poorer...
You do realise that farmers are protesting all over Europe
Time to pay up, farmers.
How long before they get yoked around like Stop Oil?
Perhaps protests should be mean tested?
The salary most farmers live off of is absolutely ludicrous considering the significant amount of work they do and how much they contribute to the infrastructure. You know England, in America the last time the British government imposed an unfair tax on us we had a whole thing about it. The Ludy isn’t too hard to construct 😂
probably the funniest / stupidest thing ive read all week thanks mate 👍🤣
The common story of the famous Boston Tea Party isn't quite right: The protest wasn't triggered by a new tax as such, but by a tax exemption that only applied the to the politically well-connected East India Company. People were already annoyed at the tea tax, but when they heard that they would be expected to pay it while the EIC - a company which many MPs owned shares in - was granted tax-free operation the anger erupted to a full blown riot at this blatantly unfair double standard.
If they don't like it. They should go stack Super Market Shelves for 12 hours per day at £12.20 per hour. NO MORE SOCIALIST FREE MONEY HANDOUT FOR THE RICH FARMERS.
It's true, but it's not exactly government's fault. It's just that farming in the UK isn't really economical any more. Labor costs are relatively expensive, in global terms. Land prices are hugely high, compared to most of the world. There are strict environmental, safety and animal welfare laws. And the climate is famously unpredictable, making harvests inconsistent. It's actually cheaper to import many foods from elsewhere in the world - where farms can be huge and so benefit from a greater economy of scale, and where agricultural laborers earn a few pounds a day. The UK supports farming with a number of tax incentives - they pay no fuel tax - and outright subsidies in the form of grants. Until recently, the inheritance tax exemption was one of those incentives. But it's still not enough. The farmer interviewed in the video says that importing food is more expensive, but he is just wrong: Modern shipping makes importing dirt cheap. The same super-cheap shipping that lets you buy cheap tat on Temu can just as easily carry a refrigerated container full of meat, fruit and veg, and bulk cargo is even cheaper.
You what 😂😂😂
We should strongly demand the resignation of Starmer. He’s destroying our country by the minute.”
You're going to really dislike the next 15 years of PM Starmers rule.
Why what about Johnson and clarkson won’t help
Tories beat Starmer to it. They have made sure Labour had to make unpopular decisions one after the other. Grow up a bit and stop trying to whitewash the last 14 years.
Since Brexit consecutive British governments have abandoned the farmers.
You mean the Tories FCK'D the farmers. Not a surprise to me.
Sadly the public need to realise that food comes from these farmers and the only way that will be seen is if food is not in the stores.
Sadly people like you need to wake up and smell the coffee
@ wake up to what exactly
Sader that they don't realise the food doesn't Have to come to London. My brother warned me we will see food riots in London this decade, history will say this is a step if so...
If farmers strike or sell up we will just import more food. Let them get on with it. They won't of course because it only affects a small percentage of them.
Holding up traffic, causing jams that emergency services can get stuck in. Wheres the prison sentences for the road blockers?? Clarkson admits he bought a farm to avoid tax !
Ahh, you mean the 500 tractors parked in Whitehall in a prearranged protest with police blocking off roads? Spend more time on education and less on pathetic moron level YT comments.
100% behind the farmers. But just watch the supermarkets rather than support the farmers with a fair price for the food they produce they will hike the prices of everyday products as they become harder to stock milk, eggs, bread and so on please check prices
We'll just import it.
@alfsmith4936 Good. Imported food is cheaper. I'm white British and working class. I don't care where my food comes from and neither do my starving kids.
I'm 100%with the govt. Why should farmers be classed as a special case?
Results of brexit
lol
Bring a gift for starmer a lot of manure ?
The govt wants the farms. Greed. Good on the farmers. 🇬🇧 🚜 🚜
The rich want the farms, so they can avoid paying tax, like Jeremy Clarkson admitted.
What a stupid statement.
Farmers are some of the most greediest people in the UK, boo-hoo, pay the tax just like most other people have to, the minimum to start paying it is a Million Pounds (roughly owning 125 acres of land), utterly disgusting...
I assume you have never been to a working farm as your knowledge about it is lower than a worms .
Farmers are and always have been asset rich and cash poor as all their income goes into keeping the farm running and what tax they do pay funds the bone idle benefit scroungers of which i assume you are one of .
Politics of envy at its finest. You obfuscate the facts with the small percentage of rich farmers. Most are struggling. Most of our farmers are asset rich but cash poor, they support their family on less than the average wage.
You can eat the food from Bill Gates’ super farm and all the carcinogens in that. I’m sure you’ll change your mind then?
Farmers like to think they are somehow a special case. They should pay what's due like the rest of us luckilly to be in that position.
Nobody should pay inheritance tax, especially the farmers who can't just sell a bit to raise cash. It's a death tax on things you've already paid tax on to buy, so effectively taxed twice. Move abroad now if you can before things get much worse.
All taxes are, because money goes around and around. You pay income tax, then you pay VAT at the store, the store pays corporation tax*, the store pays their employees who also pay income tax, who then shop somewhere else and pay VAT... and around and around and around it goes. With each transaction there is a chance for the government to tax a little, and they in turn use that money to pay their employees or pay suppliers and contractors.
*Well, no, because the store probably makes all their profits in a small office in Jersey for tax reasons, but you get the idea.
Lots of countries have inheritance tax. It's not just a British thing.
Hope they're not using red diesel in those tractors and have paid the ULEZ and congestion charge.
Odd how Just Stop Oil protestors get arrested for just discussing blocking the road...
No need, agricultural machinery is exempt. It was only crooked fly tippers who had to keep an eye out for the man from the ministry. Here's the rub the crooked fly tippers used to buy the Red off of crooked farmers.
They are legally allowed to use red diesel as they are agricultral machinary the same as JCB diggers are construction machinary
All these tractors are new, do not seem to be struggling
And the sad farmers voted for Brexit!
Inheritance taxes, double taxation, should be against international law. The suggestion of it should be a violation of criminal code punishable by instant loss of citizenship and immediate deportation.
Most of the western world has a form of inheritance tax. Good luck with that barmy idea.
...their business model is the issue. They sell in bulk to supermarkets, who enjoy huge economies of scale...which by definition means farmers don't make as much money. Farmers were wealthier when they sold to independent grocers, but they had higher costs due to needing more staff but saw an opportunity to make money quicker and took it. The whole food chain is in a mess, they supported brexit making things much worse for themselves. Farmers are protesting all over Europe but here it's made worse due to our weaker trading position...the business model is the problem. Protesting won't help and neither will taxing them....having said that, it affects 4% of them....which ironically is the exact percentage that's dropped off our GDP courtesy of brexit. At least Farage is behind them...oh wait, he wants to boycott them....
Can these tractors replace the slow London taxis?!
Can you imagine if those first two women's dad died and he left it to their brother and they pay the 20% inheritance and then the brother died 1 year later then they'd have to pay that 20% again.
None of us should be paying this. We've paid tax on everything we own and every thing we've earned or bought. All our lives its tax and tax and more Tax and then tax has to be paid AGAIN by our descendants for whatever we manage to leave them.
The fkn roads aren't even being swept anymore here.
I suppuse this is a drop in the ocean really because this Country will be complete chaos in another 10 years.
It's been in chaos since 2010. Where have you been.? Johnson made it worse with his "world beating" brexit deal.
You can tell which site reporters take by the way they describe the change to the law. Those supporting the farmers describe it as a new tax on farmers, while those supporting the government describe it as eliminating a tax exemption that applies to agricultural land. Legally it's the latter, but economically it doesn't make much difference.
Labour out !!!!
All of those tractors must have been through the car wash. Not a bit of muck on any of them. Just observing. PS Was Nigel there ?
I am fairly certain that if the tractor owners had WANTED to bring muck, they could have found plenty. Yes, Nigel Farage WAS there
@@johnsmith-7oo Yes Nigel was there. Was he wasn't wearing those ridicules yellow pants?
Farmers have more respect for their equipment than most city idiots
Farage jumps on any bandwagon. He has no shame.
Stuck farmer
Cupid Stunt
Theyve obviously got nothing better to do
They do more work in a morning before a lot of you people even crawl out of your beds and do all day.
@@PrincessGriftess-px9bk Of course they do.. They're the only people working in the morning, aren't they?.. Have you been sniffing the country air, or something?
When I worked on a farm, the farmer didn't even get out of bed until 10 because he payed other people to do the heavy work.
Farmers work no harder or less than most people. Stop making out they are some sort of special case. They aren't.
£1 million sounds like alot, but its not of you think about how much land that is
It's not 1 million.
With all applicable reliefs, the threshold is close to 6.5 million before they will pay inheritance tax!
This is all a lie.
@dansegelov305 "with applicable reliefs" 🤨 where does the 1 figure come from?
It's normally at least out of context
Was it on bbc?
Yes, it was. There's a TV at work which shows BBC News, I saw the protests covered on there today. There was someone being interviewed standing in front of a tractor. I didn't stay to watch, but the story was covered.
I hope those tractors are ULEZ charge exempt/paid otherwise they’ll have another thing to protest about when the fine drops through the door 😅
They need dipping for red diesel.
Brexit Curse Is Working
والله العظيم ماتكلمت الا من الجوع والفقر وضيق الحال انا وامي واخوني نموت من الجوع يشهد الله ضروفنا قاسيه واجبرتني على هذا اشي ياعالم حسوا فينا ارجوكم والله العظيم رب العرش العظيم انه الاكل ما في عندي بالبيت والله يا اخواني انه اخوني بقعدو باليومين مافى اكل والله وضعنا كثير صعب اني وامي واخوني داخل البيت وابي متوفي ولا يوجد من يعول علينا وساكنين في بيت اجار لانستطيع دفع الاجار اللي باقي علينا ''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''' اقسم بالله على كتاب الله يا خوان ما فيه دخل علينا ولا من ايا شخص ربي يجزيك الخير يا فاعل الخير انا داخله على الله ثم عليكم يااهل الخير تقفوا معنا يا عالم حسوا فينا يا اهل الخير وين النخوة وين الاخوة وين الرحمه الى اوصى عليه النبي محمد بجاه النبي محمد تحسوا فينا انا بطلب منكم لو تساعدونى لو بثمن اكل مش طالبه شي غير انه نسد جوعنا ارجوكم من غير تجريح وكلام بكسر الخاطر انا يا خوان العيشة والله ما . عيشة فيكم تتاكدو يا اهل الخير انا توسل لكم ابوس على ايدكم تساعدونى ارجوكم امانه عليكم انا اعتبرونى اختكم عرضكم ساعدونى والله لول الضيق والفقر ما مديت ايدي اشحد من الناس استرونى يستر عرضكم وربنا يفرحكم في اطفالكم واهلكم ويبعد عنكم الضيق والحزن وربنا يجعل هذا المساعده في ميزان حسناتكم ساعدونى لو بثمن الاكل او بثمن اجار البيت ارجوكم يا اخواني يا اصحاب الضمير الحي يا اهل الخنوة واهل الكرم ارجوكم ساعدوني لو بشي قليل امانه عليكم والي حاب يساهم معي ربي يجزيه كل خير هذا رقمي00967713342392 الوتساب اللي يستطيع يساعدنا يتوصل نمرتنا واتساب معنا نعطيه الاسم الكامل العنوان ويحول لنا بما يستطيع وانا وسرتي نسالك بالله لولك مقدره على مساعدتنا لاتتاخر علينا و جزاك الله خير الجزاπ~π÷π÷~π~ππ~π~×~π~÷~π~÷~π~÷~π~π÷~÷~π~π~π~^~÷~÷~×~√~π~π~√√π~π~π~π~π~π~÷~π~π~π~π~÷~÷~ππ~π~÷~π~^`÷~√`ππ~π~÷~π~π~^رπ~π~π~π~π~√~π
Who put this on here?...probably a zionist tool.
My relationship status is somewhere between "I need a hug" and "I need to be left alone with my snacks.💞
My love language is a well-timed pun and a steady supply of chocolate💝
How sweet. 👍
I bought a set of silk sheets to set the mood. They're so slippery that every time we try to get close, one of us ends up sliding off the bed. At least it's good for a laugh😻