“farmers will pay half the rate of everyone else and start paying it at a much higher threshold ranging from £1.3m to £3m depending on whether they’re single and whether they own a house”
shouldn’t be that complicated
shouldn’t be that complicated
Comments
It’s been amateurish and naive
It’s been a poor effort from the start in making any type of case for progressive policy
And you’re right it’s like brexit again
We didn’t fight that properly either we just assumed we were right
This is a deliberate choice to obfuscate.
But I think you know this.
Well the shoe is pinching now.
The fact that the rightwing press & verifiable tax dodgers are so adamant that 'poor farmer' will suffer, makes their argument highly suspect.
So lets wait a year or two & see the facts.
Tax planning will help hugely, 7 years of reducing liability.
Any other small family business has to pay 40% straight away.
With careful tax planning on IT anyone can reduce their liability & farmers have the extra support of a 20% reduction & 10 yrs to pay .