People misunderstand. It’s not an accident that Chancellor Rachel Reeves and the Treasury have targeted the Farmers. It is part of the plan. It is by intent. And, you ask, what plan is this?
Well, it’s the WEF plan to turn the countryside from a productive green landscape into a hellscape plagued by Solar Farms and high density housing for Migrants. They want us eating less meat and dairy by 2035, what better way to achieve this than by putting small to medium farms producing beef and dairy out of business and then grabbing the land?
THAT, dear reader, is precisely what the goons in Labour seek to deliver by subverting our productive Farmers.
The amount of ignorance that abounds in leftist/Labour circles is also quite remarkable. I hear some of them making ignorant questions such as “If you can afford to live on a £4m farm, you can afford to pay 20% Inheritance Tax’ It takes a really low IQ to come up with this statement. It conflates the VALUE of the land on which the Farm sits with the PROFITS of the Farm on which tax is now due if passed from father to son. The fact of the matter is that many small-medium farms operate on very tight profits. I live amongst farmers and know this to be the case. They don’t have the cash to pay 20% Inheritance Tax - even over a 10 year clawback.
Government knows this. It knows that what will happen is that the Farmer will conclude that his only option is to SELL his land. In will swoop the developers and Solar Farm vultures and our countryside will be paved over, the food supply jeopardised further, and control of Farming concentrated in fewer hands.
It's definitely a gear shift into high speed to race towards their agenda 2030 goal.
There's going to be more of this. Perhaps having the stock of groceries in the past couple of years that seemed to fizzle out, was just a little too early, that now would be a good time for those plans..
So the new inheritance tax on farmers taxes the farm based on the value of the farm including the land, but… is the land taxed at its value zoned as a farm, or with outline planning? Because if it’s a given that planning will be granted the farmers may choose to sell it themselves before it’s inherited by anyone.