The Loft - Farm Inheritance Tax OVERTURNED? Make Agriculture Great Again! FarmFLiX & FarmTheory

[@iian050]

John, Farmflix team, thank you for facilitating a fantastic conversation with great representatives. Nodding in agreement throughout. Well done gentlemen.

[@patrickkelly1055]

Barry really has his head screwed on listen to him all day 👍

[@jamescarson4745]

Every part of Northern Ireland has tractor runs for charity throughout the year giving up their time...all get together and use their time, scarce as it is, to put up a show of unity for themselves, show the public exactly how strong and important the farming industry is

[@seanmcguigan346]

Unfortunately Andrew, the retailer is only interested in the bottom line. Tesco and their cohorts don't care about their suppliers

[@pauleng883]

the harsh truth is that tesco and their ilk detest smaller farmers and abhore the fact that a farmer can take his livestock to an open market and sell it freely without contract

[@simonsweeney5708]

Amazing meeting ,great educational chat , best I have seen on KZbin 👏👍

[@roberthiggins6401]

Nfu serves it's masters not the farmer's! Well put that man.

[@ericwilson5742]

Biggest shock was that John is only 44 😊

[@slickymick]

Fantastic chat and really makes me think about the lot.

[@get-noan]

Super conversation, gents. Learned a ton. Not surprised to hear land moving out of food production into other uses, we're following the land diversification conversation closely to see how we can help farmers and landowners in that process.

[@ThomasGreene87]

A fantastic video FarmFLiX 👏👏👏 The public a behind you lads 💪

[@dmccarthy555]

Excellent piece, bottom line is the world economy forum, the un and the eu are in full control, this was coming regardless of who was in power, but now there is great hope since Trump and Bobby Kennedy have arrived, they are going to show the world what has been going on, and we will all be in the better of it! Best of luck to all our farming neighbours, United we stand! Love from Cork,🇮🇪🇬🇧🇺🇸

[@Andy-ix2ox]

Thanks lads, I am from south of the border and I have to say that I agree with almost everything you said and all of it is relevant to us down here as well.

[@jonathanmcclure5545]

Come join us in the fight lads

[@0487Jm]

Could this be the start of a united Ireland 🤔

[@Andy-ix2ox]

@@0487Jm oh god , even the thoughts of it exhaust me.

[@seansaunders8742]

Agree with this aswell . North and south no matter where farmers are. We need to stand together and join the fight

[@michealcasey6548]

I could listen to Barry Reid all day id love to sit down with him he’s a sensible wealth of common sense

[@SeanMcIntyreBiker]

12:21 - "They can no longer live in the farmhouse" - They can but they would have to pay rent. The technical term is a Gift with reservation which is if it was gifted but you still get the financial benefit.

[@drbrady23]

That Chris boy talks some sense

[@dwayne5686]

I will pay a premium for local quality food all day every day! This tax shouldnt be on generational farmers, it should apply to the wealthy farms that were bought and sold for the purpose of tax avoidance only! How you differentiate between those is diiifficult.

[@willyfindlay4398]

The trouble with planning succession is the huge unpredictability of Death. My wife's Uncle is still farming at 87 , never married, lives in the house he was born in. Unfortunately very unexpectly his great Nephew died aged 35 from a heart attack. If the farm had been handed to him it could have been disaterous. My Dad is 91 and out lived all his 5 brothers. Good luck to everyone.

[@DN-ij4pk]

Could listen to barry all day.

[@stuartwarrick6444]

I don’t think the public care, think about the last time you were shopping and people were looking at where their food comes from.

[@VelEire_]

The public doesn’t care they can’t see further than next weeks shopping farmers are only moaners for thinking of the next generations viability in producing food for the shelf at a reasonable price. City folk will be moaning when the shelf is empty those farms are rewilded or solar covered and they’re stuck 3d printing their “food” (look at Australia they’re already advertising it)

[@roberthiggins6401]

All parties serve towards their masters! Not us! Everyone needs to understand that. So many think reform is the answer and yes they're saying some of the right things BUT they're not talking about many other problems!

[@chasthechippie]

This lot will be out in a few years ....will the next lot repeal ..doubtful

[@donalkeane3035]

In Ireland the figures for waterway polution is always blamed on Farmers and local athorities, combined. No farmer is going to take their fertiliser or slury and let it wash into a river, ITS TOO VALUABLE. First job for PR vampaine is to break down those figures.

[@golandnh]

John why not do a podcast type episode with a good accountant. Would be well received...with the caveat that everyone should seek their own specific advice depending on their circumstances

[@thepeoplespal5]

Need a whole big chunk of Life Insurance at a very young age and make sure it is paid.

[@greatscott8468]

BLOCK THE MOTORWAYS

[@marksurgenor4772]

So so true

[@davidkellet1006]

It will be harder when siblings inherit but fallout about who farms and how to pay them out etc

[@roberthiggins6401]

Raw milk is the way! Sell directby means of a ticket per pint, so you're boot selling the milk, you're selling the ticket.

[@roberthiggins6401]

Profits of supermarket corporations and profits of energy corporations too! The govs and councils are corporations too look them! They're all for profits!

[@geraldbeard856]

instead of farmers purchasing tractors and machinery would it be better to have it on hire purchase then you don't actually own it so they wouldn't be able to tax you on things you don't own . that nice massey fergusson tractor that andrew has on his farm probably cost near to 200k there would be a lot of tax to pay on that . i think many companys like delivery company's with vans and lorrys long term hire there vehicles these days so maybe farmers and contractors will be going down that route as well on the big equipment

[@Johnnycambell]

When will ye do an ag life series with farming with jack

[@ronnieboyd2016]

Strong government = secure country

[@roberthiggins6401]

I'm not sure the retailers will help as sainsbury for one have plans and I think are already producing bugs, we all know about lab meat, as that was on bbc news years ago etc.

[@mhl8396]

It's all very well proving you can make lab food, but no one wants to eat it. They've tries by putting money into vegan warriors, but it's had very little effect, and any effect is not permanent

[@kevinkiernan1031]

no mention of subsidies, less farmers less subsidies for government cheaper to import. Out of EU, Brexit

[@davidkellet1006]

A flying herd buying middleing cows due or in milk new calved could get a lot of milk if they are cheep £ 500 ish

[@roberthiggins6401]

Rainy day, comment Andrew much like rspca and many other charities. Unfortunately. You saying about the nfu paid to attend meetings but you have to pay. You have to pay for all this advice to try to plan a well. Its all costs you're each having to bere. If the nfu was worth it's salt it would offer free advice.

[@willyfindlay4398]

How to make A million in farming, start with several million ! 😊😅😊

[@roberthiggins6401]

It's massive the red death! Starlin, mau, etc. No one should pay inheritance tax. When you look into solar its terrible, in that you it's not really recyclable, produces the last electric when you need the most. Battery storage would be colossal and involves child, slave labour. Ask these promises of cheap electric and it's just getting more expensive! Wind power is killing marine life because of the vibrations they cause, plus the blades kill birds and they're they're taking s massive amount of copper etc because of where they're placed.

[@brianferguson7840]

One thing farmers are definitely not talking about is, the fact that the reason more farmers are exposed to this tax change than previously thought is,,,, Because for decades farmers have been falsely declaring the value of their assets in order to avoid tax and increase subsidies. Oh the irony, farmer's "chickens coming home to roost"

[@deniscousley6905]

Good job we don't eat lemmings!

[@mhl8396]

Have they??

[@AbcdEfgh-zp1sn]

@mhl8396 farmers need a dose of reality I've been on business all my life around agriculture. They don't understand business and don't understand what it's like to start with absolutely nothing and work your way up. They are an entitled bunch

[@mhl8396]

The profits in farming would not allow people to build up from nothing these days

[@ronnieboyd2016]

Badgers are a scape goat, where did the they get TB , there's a bigger story here and it's at the top.

[@ronnieboyd2016]

Banks class farms as a liability making it hard to borrow.

[@thomasforbes8904]

If ye dont do this french style u may forget it, It will have no effect. The French have proven how to protest and get results and have the public behind them all the time, So dont try and invent the wheel again just do what works for farmers

[@bennyhill8648]

When u buy a tractor at 100 thounds plus u should have no bother paying tax.😂

[@paulwoods33]

Do you think it's paid outright?

[@dwayne5686]

Is anyone going to talk about the the biggest own goal the majority of farmers in N.Ireland voted for BREXIT!! It murdered growth and exports!

[@conorkennedy6732]

Don't be silly. N.I farmers still have access to the single market (eu). 75% of all food and drink exports in 2023 went to the eu market.

[@dwayne5686]

@ British tax collection is down because of brexit, therefore we all suffer Conor

[@conorkennedy6732]

Total nonsense. You should stop listening to the news.

[@dwayne5686]

You need to see a doctor fella

[@AbcdEfgh-zp1sn]

Do farmers ever stop complaining

[@deniscousley6905]

Expert?

[@mickeyjoe-ne1og]

@@deniscousley6905 no troll

[@AbcdEfgh-zp1sn]

@deniscousley6905 been around agriculture my whole Business life and nobody moan like a farmer

[@AbcdEfgh-zp1sn]

Tax free 2m gift and they still manage to complain

[@deniscousley6905]

Gift which you have worked 365 days a year all your life. Let's give the food production to the government, that would surely work well.

[@VelEire_]

Those men are discussing how it’s being made impossible to viably supply top quality reasonably priced locally produced food to your children And you can’t see past your nose never mind your own generation because the soil they need has a magic number attached. 😂

[@AbcdEfgh-zp1sn]

@deniscousley6905 what about people who work as hard or even harder who can't avail of the same gift ..don't here them crying

[@Kevinfmcdaid]

@@AbcdEfgh-zp1sn who do you know that works 100hrs a week for low profit,

[@dwayne5686]

I will pay a premium for local quality food all day every day! This tax shouldnt be on generational farmers, it should apply to the wealthy farms that were bought and sold for the purpose of tax avoidance only! How you differentiate between those is diiifficult.

[@mhl8396]

You could say that those who sell the farm within 35 years of inheriting it, have to pay tax at 40%

[@0487Jm]

Surely, there's an easier way to give a tax relief to the cash rich corporate businessmen rather than having them purchase fast amounts of farm land. Incentive them to reinvest in sectors that will improve people's health or something like that.