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These are the cunts round our way (plus Saudi princes). There should be exemptions or discounts where the land can be shown to be productive farmland.
Or maybe the 10 year window can be more like student loans and if the land is farmed over those 10 years the iht gets reduced further.
Anything owned by a land hoarding company can be taxed to fuck.
I worry this is all part of labours plans to build more houses by having the land sold off rather than being concerned with food security
Grumpy_Git
Our workshop landlord is a farmer and a proper cunt. Obviously he was in town today for some sabre rattling.
He owns about 600+acres of land between Harlow and Cambridge in various parcels, mostly rented out to other farmers- basically when a farmer needs quick cash he buys their land then rents it back to them.
He’s 5th or 6th gen on that farm I think(he just turned 80) so no doubt his ancestors were just the biggest bastards in the valley in the first place. There’s stories from other tenants on the farm of several drawers filled to the brim with cash in the kitchen and all sorts of shading dealings. People behind on the rent for their workshops can expect a couple of Jersery barriers or bales of silage in front of their door.
He had his gun license taken away a few years back for threatening a lorry driver who turned up out of hours by mistake. His sons are both hedge fund bros but his eldest(late 40s I guess) at least dabbles in running the farm.
Rumour is when he carks it they’ll keep the farmyard and workshop units and flog the land for housing. There’s a lot of unused polytunnels and new, empty barns dotted across his land which he puts up at it sets planning precedent and can get change of use for housing further down the line(it’s how he built his sons houses), he’s definitely played the long game.
Fuckers like him need to be taxed into the ground. He’s gamed the system his whole life and uses any opportunity to tell you so. He’s pissed about the winter fuel payment as he uses it for a nice bottle of scotch for Xmas every year.
His dogs are really nice though.