Tuesday, 19 November 2024

UK Farming.

 


Dear UK Farmers.

I simply want to let you know that I am 100% behind your actions.

I wish you all the best, Cro xx


Posted by at

22 comments:

  1. Traveller19 November 2024 at 15:15

    When I die there will be inheritance tax on my estate. If I liquidate all my investments and invest in farmland, there will be no inheritance tax…does that seem right to you?

    In 2021 Clarkson, in an interview with The Times said that avoidance of inheritance tax was a major reason for buying a farm.

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    Replies
    1. Cro Magnon19 November 2024 at 15:45

      There will always be people who buy farms as an investment, but by far the majority are family owned farms that are passed from father to son/daughter. It's the latter that will suffer, and their farms will have to be sold. They are the people I support.

      Delete
    2. Traveller19 November 2024 at 16:59

      Do some research Cro, do some research and look at the numbers. What percentage of UK farm land do you think is owned by small family farms?

      Delete
  2. Susan19 November 2024 at 15:48

    Change is constant. US farmers are not happy due to DT's plan to deport immigrants. (The state of CA is putting protections in place for immigrants.) Farmers largely voted for DT. Farmers state immigrants are largely employed on US farms because Americans do not want to labor on farms. We can expect food chain supply disruption.

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    Replies
    1. Cro Magnon19 November 2024 at 16:05

      With so many UK farms now about to go bust, our food supply will also be disrupted, and more imported. I just don't understand the policy!

      Delete
    2. Gemma's person19 November 2024 at 17:38

      Legal immigrants are allowed to come into the U.S. on work visas for farmers.
      It is the illegal immigrants, some that were let out of prisons just to come here, some that are gang members, some that are cartel members, some that are terrorists that are the ones DT is going to deport . If you are in the U.S. legally you have no worries.
      The ones that work on farms have a way to be here legally and should take advantage of that.

      Delete
    3. Susan19 November 2024 at 23:59

      My understanding is not all farm workers are in the US legally. That is why the farmers are worried.

      Delete
  3. Adrian Ward19 November 2024 at 16:30

    Good luck to the farmers but I doubt they'll need it.
    This is what normal people have to tolerate when the lefties gain control. I doubt they'll get control of the land. If they do what are a bunch of council clerks and teachers going to do with it?

    ReplyDelete
    Replies
    1. Cro Magnon19 November 2024 at 16:54

      The Left tend to be 'well meaning', but they are also usually misguided. As we all know, they have ALWAYS left a period of power with massively increased unemployment. Sadly I fear this time it will be disastrous.

      Delete
  4. Sencosue19 November 2024 at 16:48

    Hear, hear! Regards Sue H

    ReplyDelete
    Replies
    1. Cro Magnon19 November 2024 at 16:56

      We all need to support them. But I doubt if it'll make any difference. They hate land-owners, and hard-workers!

      Delete
  5. northsider 19 November 2024 at 16:54

    If your farm is worth less than 3 million it will not concern you. I wonder how many of the big farmers voted for Brexit?

    ReplyDelete
    Replies
    1. Cro Magnon19 November 2024 at 16:59

      With agricultural land at anywhere between £15 and £25,000 per acre, 3 £ million is peanuts, and most of it has been bought on borrowed money. It's a nightmare.

      Delete
    2. Traveller19 November 2024 at 17:26

      Why has it been bought with borrowed money if it has been handed down from parent to offspring? And your figures are way off, in summer 2024 average cost was under £9,000 an acre.

      Delete
    3. Gemma's person19 November 2024 at 17:40

      I am going to guess that the borrowed money is to keep the farm going and /or start a sideline new from what it used to be, all crops.

      Delete
    4. Cro Magnon20 November 2024 at 05:38

      Rough grazing land might be £9,000 an acre, but good arable land (which grows our food) is more like £25,000. Most farmers are in huge debt to their banks. Those tractors in my photo can cost up to £100,000 (borrowed) and if added to a deceased's assets, would attract an extra tax of £20,000. Imagine that!

      Delete
    5. Traveller20 November 2024 at 10:07

      https://rural.struttandparker.com/article/english-estates-farmland-market-review-winter-2023-24/#

      Delete
  6. Traveller19 November 2024 at 18:59

    I was commenting on Cro’s comment that most of the land that is passed down the families has been “bought on borrowed money”

    ReplyDelete
    Replies
    1. Cro Magnon20 November 2024 at 05:42

      Farmers aren't all wealthy aristocrats, they are like the rest of us and need to take out bank loans for almost every ,major purchase (not unlike people's new cars).

      Delete
  7. sandy20 November 2024 at 07:53

    I hope we are all behind the farmers, I live in a very small village, mostly farmers,

    ReplyDelete
  8. Joanne20 November 2024 at 08:27

    They just have to hand the farm on to their offspring seven years before they die and they pay no tax. So only the farmers who don’t trust their children will pay it.

    ReplyDelete
  9. Jennyff21 November 2024 at 16:29

    I am a farmers daughter. Generally the public has no idea what being a farmer involves, maybe they will when we have to import low welfare chlorinated food because there’s nothing else.

    ReplyDelete

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