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Originally Posted by Hugh
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Not ad hominem, just an observation.
Averages are great aren’t they?
But from your link from 2022 - 2023.
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incomes for general cropping, grazing livestock, poultry, and mixed enterprises all declined on the year.
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grazing livestock farms in less favoured areas had the biggest decline year on year, falling by 41% to £25,400
These type of businesses made an average loss of £10,400 based solely on agricultural activities, and remain reliant on diversified incomes and support payments
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A loss!!! You work all year, from dusk ‘till dawn and lose £10k ………..where’s the £90k for these guys.???
Averages…………are great aren’t they?
But don’t worry, you have 10 years to pay your IHT with the minus -£10K a year you’re earning , Hugh from his sofa in Idle advises.
Just to finish, the article ends with
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Lowland grazing livestock farms also had reduced incomes in 2022-23 compared with the previous year, falling by 37% to £21,600.
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It’s also unclear if these figures are actual profit, after staff overheads etc…..
I know you’ve done it before, but do you actually read the article you post, after a quick google search, or just go for it.
Because it makes you look St…… I won’t say it, Paul will be after me again.