Flick 🇬🇧 on Nostr: ...
https://www.telegraph.co.uk/money/tax/inheritance/labour-handed-foreign-farmers-500m-tractor-tax-row-at-home/
Fresh analysis shows more than £536m is being spent across ten programmes in Africa, Asia, and South America, including in Brazil, the world’s 11th-richest country, where low-carbon agriculture is being funded.
Many of the schemes stretch for more than a decade, with one £206m plan running until 2031 having launched in 2012. […]
It comes after Chancellor Rachel Reeves sparked fury by cutting relief on death taxes for farms and businesses. The sweeping changes – predicted to raise £500m – mean farmers must now pay 20pc tax on the value of their farm above £1m.
Robert Jenrick, shadow cabinet minister, criticised Labour for “spending hundreds of millions on foreign farmers while British livelihoods are destroyed by their cruel inheritance tax changes”.
https://archive.ph/dTJyT
Fresh analysis shows more than £536m is being spent across ten programmes in Africa, Asia, and South America, including in Brazil, the world’s 11th-richest country, where low-carbon agriculture is being funded.
Many of the schemes stretch for more than a decade, with one £206m plan running until 2031 having launched in 2012. […]
It comes after Chancellor Rachel Reeves sparked fury by cutting relief on death taxes for farms and businesses. The sweeping changes – predicted to raise £500m – mean farmers must now pay 20pc tax on the value of their farm above £1m.
Robert Jenrick, shadow cabinet minister, criticised Labour for “spending hundreds of millions on foreign farmers while British livelihoods are destroyed by their cruel inheritance tax changes”.
https://archive.ph/dTJyT