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Shropshire's furious farmers en route to Westminster to join protest over Inheritance Tax reforms
Shropshire Star
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19/11/2024
Father and son Neil and Adam Baylis from Haughton House Farm say the changes will be devastating to family run farms like theirs.
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00:00
Well, this government's going to destroy all the family farms, say 100 acres to 800 acres.
00:09
And everybody will have to sell their land to pay for it.
00:14
And when they sell their land, they won't be paying 20%, they'll be paying 60%.
00:21
And it'll all be going for building land.
00:25
Even us, we own around Horton Hall.
00:28
It'll all be going for building land.
00:31
We didn't think they'd do a stupid thing like this.
00:35
It's so low.
00:38
They're going to destroy a lot of good farmers.
00:42
Somebody 500, 600 acres is going to be destroyed.
00:46
Even us, just over 300 acre farms worth 4 million.
00:53
You've got no chance.
00:55
I don't get a wage, he doesn't get a wage, my wife doesn't get a wage.
01:00
You just roll over.
01:03
You know, you just survive.
01:06
Accountants told us yesterday you've lost 24,000 this year.
01:11
You see?
01:13
It's rough for everybody in the country, isn't it?
01:18
And hitting people this hard in any business is not good.
01:23
Especially when they want businesses to carry on.
01:27
I can't understand them, I didn't expect them to be this vicious.
01:32
With a million pounds, nothing in farming.
01:36
I mean, a house with 30 acres is a million pounds.
01:43
It's just going to do disaster.
01:46
You know, a lot of people are losing heart now.
01:50
People like Adam, you have to talk to them.
01:53
All we can hope is they do five years and they're out.
01:57
And somebody else does something.
01:59
That's all we can hope of.
02:01
For someone like me, I'm 23, and I get into the industry.
02:06
And then you hear about this, and you've got to think,
02:10
if my dad dies, I've got to pay a massive tax, which is disastrous.
02:16
And it doesn't encourage new people.
02:19
Because you've got to remember, we feed 60% of our country right now.
02:25
But in that 60%, 75% of it is done by the small family farm,
02:31
what will be crippled by this.
02:34
It's disastrous.
02:36
Well, you pass something on, but will it be a hobby farm in the end?
02:43
You've basically just got a land, sold most of your land.
02:47
Because our land, in the end, will go for building, you see.
02:51
Because we own right to shift next to the houses.
02:55
I don't want it to go, in my lifetime anyway.
03:00
Because I love my land.
03:03
But if it has to go, it has to.
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