farmers who are doing even moderately okay will essentially not be able to pass their land on to their children without their kids forking out near £60k
So they have to pay 60k to receive more a than a million in assets? Seems like a pretty good deal and one you’ll easily be able to get a loan for
working-class farmers
If you have net assets of more than a million pounds, you’re not really working class
The farm.
If the UK ag sector is so unprofitable they can’t handle a 20 percent tax every few decades, it doesn’t deserve to exist any more than any other UK industry that’s collapsed and been offshored.