So not in the UK? I know we have truffles here but looking for them is a somewhat unusual activity - as in, I've never known of anyone, ever who does itVery stiff policies and procedures wrt truffles where he is.
South of the Alps.So not in the UK? I know we have truffles here but looking for them is a somewhat unusual activity - as in, I've never known of anyone, ever who does it
When you see sheep that have been savaged by dogs and left dead and dying you do feel sympathy for the hill farmers, none of who are millionaires as there's very little money in sheep farming, especially since brexit as the EU was their biggest customer.Whilst the former is true, I can't say the latter would be - plenty of people seem to be so very unconcerned by that eventuality, they are happy to have their pooch chase and kill your sheep with no sense that might be in any way their fault.
Speaking as someone who had sheep on a down with public access, of course.
Lamb prices haven't gone down, quite the opposite - I was a grazier (I rented land on short term lets, ie without secure tenure) and sold up in 2017 because landowners were taking land back in hand because they didn't know what subs would look like post BREXIT. It was predicted that with tariffs, lamb prices would tank in the EU and ergo, here as, just as you said (we are a huge overproducer/exporter of lamb) prices wold follow. They haven't - I was getting £70/head approx for fat lambs then, they have been £120/head at times since then. The EU continues to buy lambs. Hill farming is badly off because its is unproductive - the terrain means you lamb at about 90-110%, so for every ewe you own, you can expect 0.9-1.1 lambs to sell, that's not a lot, especially as hill breeds finish smaller and meat is sold in £/kg. For comparison on a lowland, outdoor (ie lower lambing %age flock), I was rearing at about 160-170%.............When you see sheep that have been savaged by dogs and left dead and dying you do feel sympathy for the hill farmers, none of who are millionaires as there's very little money in sheep farming, especially since brexit as the EU was their biggest customer.
I live on a 100 acre farm. The farmer had to buy a replacement combine this year as his £250,1967 Matador broke down.It would be a big farm that owned a combine let alone two, rather than lease them, or use a contractor for a few days surely
if you have two combines (book value £1 million so we are led to believe), then you would surely be sweating that asset constantly (perhaps leasing it out to neighbours)
In which case your business is as much leasing machinery as it is farming surely, and why should a leasing business be given an inheritance tax opt out?
I'm glad to hear lamb prices have recovered post brexit as the rural economy still depends very much on farming.Lamb prices haven't gone down, quite the opposite - I was a grazier (I rented land on short term lets, ie without secure tenure) and sold up in 2017 because landowners were taking land back in hand because they didn't know what subs would look like post BREXIT. It was predicted that with tariffs, lamb prices would tank in the EU and ergo, here as, just as you said (we are a huge overproducer/exporter of lamb) prices wold follow. They haven't - I was getting £70/head approx for fat lambs then, they have been £120/head at times since then. The EU continues to buy lambs. Hill farming is badly off because its is unproductive - the terrain means you lamb at about 90-110%, so for every ewe you own, you can expect 0.9-1.1 lambs to sell, that's not a lot, especially as hill breeds finish smaller and meat is sold in £/kg. For comparison on a lowland, outdoor (ie lower lambing %age flock), I was rearing at about 160-170%.............
Can you explain that? Are you saying people are buying equipment purely for a rebate?I've generally avoided commenting on this issue, but I will say that as someone who's spent the last two months dealing with Farming Equipment and Technology Fund claims where people buy items sometimes worth as much as £50,000 (often substantially less, to be fair) for their farm to get £25,000 back from the taxpayer I have had the odd wry chuckle.
Can you explain that? Are you saying people are buying equipment purely for a rebate?
Socialising the business costs; nice.I doubt they're doing it for that alone, but essentially if you can imagine running a business, thinking some machine is worn out or you could do with investing in some new technology, the grant allows you to buy that stuff and typically get around 50% of the average price back.
and whats the wry chuckle bit about? sorry im finding it hard to follow!I doubt they're doing it for that alone, but essentially if you can imagine running a business, thinking some machine is worn out or you could do with investing in some new technology, the grant allows you to buy that stuff and typically get around 50% of the average price back.
I expect because the whining tax-dodging cunts who are always pleading poverty expect those of us who do have to pay tax to front up half of their equipment costs.and whats the wry chuckle bit about? sorry im finding it hard to follow!
Even clarksons tractor wasn't new!I live on a 100 acre farm. The farmer had to buy a replacement combine this year as his £250,1967 Matador broke down.
He was able to buy one from the early '80s for £1,800.
Just as nobody needs to buy a new Aston Martin when they need a car, nobody needs to buy a new tractor or combine unless they are stinking rich. Most small farmers are cash poor.
I expect because the whining tax-dodging cunts who are always pleading poverty expect those of us who do have to pay tax to front up half of their equipment costs.
That's a pic of the 1967 model. The 'new' one has an actual cab.Very cool. I'd buy one for 1800, but I'm scared of heights.
The oldest working tractor on this farm is a 1950's Fordson Dexta.Even clarksons tractor wasn't new!
On the other hand, its quite amazing how, when there isn't a scheme that will pay part/all of the cost of a machine, the prices suddenly drop. It's almost like the machinery dealers want a slice of that subsidy.......I've generally avoided commenting on this issue, but I will say that as someone who's spent the last two months dealing with Farming Equipment and Technology Fund claims where people buy items sometimes worth as much as £50,000 (often substantially less, to be fair) for their farm to get £25,000 back from the taxpayer I have had the odd wry chuckle.
Yes, corporate welfare helps many owners of the means of production, including farmland owners.On the other hand, its quite amazing how, when there isn't a scheme that will pay part/all of the cost of a machine, the prices suddenly drop. It's almost like the machinery dealers want a slice of that subsidy.......
On the other hand, its quite amazing how, when there isn't a scheme that will pay part/all of the cost of a machine, the prices suddenly drop. It's almost like the machinery dealers want a slice of that subsidy.......
Yeh I meant the lambo.The oldest working tractor on this farm is a 1950's Fordson Dexta.
Seen here powering the threshing drum.
Every now and then, as a special treat, we use an even older machine to power the drum.
Now that's what you call a second hand combine harvester.
This is the opposite of corporate welfare though isn't it?Yes, corporate welfare helps many owners of the means of production, including farmland owners.
No, and the state records that just 14% of UK farms are wholly tenanted and over 50% are owner occupied.This is the opposite of corporate welfare though isn't it?
There's quite a good argument that food production and land ownership are two very different businesses - firstly, farmers can be and often are tenants, so they lease the means of production (as I did) and secondly, the ROI on buying land just to grow food on it makes no sense financially whatsoever.
Yes, so at least half have to rent in some (or all) ground to be viable - dunno what your point is really?No, and the state records that just 14% of UK farms are wholly tenanted and over 50% are owner occupied.
No, not at least half. Only 14% of farms are wholly tenanted and a further 31% had some mixed tenancy. My point was that, nationally, the majority of farmers are the owners of the means of production and in the SW & SE that figure becomes even higher.Yes, so at least half have to rent in some (or all) ground to be viable - dunno what your point is really?
Only just - 14 + 31 = 45% tenanted either in whole or in part.No, not at least half. Only 14% of farms are wholly tenanted and a further 31% had some mixed tenancy. My point was that, nationally, the majority of farmers are the owners of the means of production and in the SW & SE that figure becomes even higher.
Alright, using the broadest definition of tenanted farms, we can see that 45% of farmers would not be affected by IHT. Of those that might be liable, the majority will be those that own their own, large arable units in the South and a East where farmland is most valuable. Always good to explore the veracity of the whinging tax-dodgers claims.Only just - 14 + 31 = 45% tenanted either in whole or in part.
Why is the SW and E relevant to this conversation?