Hedge fund managers could buy land, MPs told, as Tories fail to scrap ‘farm tax’

cityam12-05

Farmers protest in central London over the changes to inheritance tax (IHT) rules in the recent budget. PA Photo. Gareth Fuller/PA Wire Hedge fund managers could buy up farmland if UK farmers sell up ...

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Gareth Fuller/PA Wire Hedge fund managers could buy up farmland if UK farmers sell up ...</p>\n\n<a href=\"https://www.cityam.com/hedge-fund-managers-could-buy-land-mps-told-as-tories-fail-to-scrap-farm-tax/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hedge fund managers could buy land, MPs told, as Tories fail to scrap ‘farm tax’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHedge fund managers could buy land, MPs told, as Tories fail to scrap ‘farm tax’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-05 02:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/hedge-fund-managers-could-buy-land-mps-told-as-tories-fail-to-scrap-farm-tax/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Farmers protest in central London over the changes to inheritance tax (IHT) rules in the recent budget. PA Photo. Gareth Fuller/PA Wire Hedge fund managers could buy up farmland if UK farmers sell up ...</p>\n\n<a href=\"https://www.cityam.com/hedge-fund-managers-could-buy-land-mps-told-as-tories-fail-to-scrap-farm-tax/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"APR","symbol_name":"Apria, Inc.","start_time":0,"source_url":"https://www.cityam.com/hedge-fund-managers-could-buy-land-mps-told-as-tories-fail-to-scrap-farm-tax/","article_id":"2489143088","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/12/01JD29VJRHQRNRTQVP2XC4C0FK.jpg?w=400&h=225&crop=1"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489143088","pubTimestamp":1733338214,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Farmers protest in central London over the changes to inheritance tax  rules in the recent budget. PA Photo. Gareth Fuller/PA Wire Hedge fund managers could buy up farmland if UK farmers sell up to avoid the inheritance levy, MPs were told, as the Tories brought a vote on the so-called ‘family farms tax’.Conservative MPs used an opposition day debate on Wednesday to bring a Commons vote on Labour’s Budget measure which would see farmers pay higher rates of inheritance tax  if they pass down their farmland after their death.Chancellor Rachel Reeves announced the planned changes to agricultural property relief  and business property relief  in her first Budget, which opponents argue could see farming families face tax bills of up to millions of pounds.Farmers would pay a rate of 20 per cent IHT on agricultural property and land worth over 1m when they previously paid none, with a 3m threshold for couples passing on farms.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"APR":"Apria, Inc.","BK4181":"酒店及度假村房地产投资信托","BK4196":"保健护理服务","BK4218":"酒店及度假村房地产信托","IHT":"InnSuites Hospitality Trust"},"translate_title":"国会议员表示，由于保守党未能废除“农业税”，对冲基金经理可以购买土地","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APR":1,"IHT":1},"content_text":"Farmers protest in central London over the changes to inheritance tax (IHT) rules in the recent budget. PA Photo. Gareth Fuller/PA Wire Hedge fund managers could buy up farmland if UK farmers sell up to avoid the inheritance levy, MPs were told, as the Tories brought a vote on the so-called ‘family farms tax’.Conservative MPs used an opposition day debate on Wednesday to bring a Commons vote on Labour’s Budget measure which would see farmers pay higher rates of inheritance tax (IHT) if they pass down their farmland after their death.Chancellor Rachel Reeves announced the planned changes to agricultural property relief (APR) and business property relief (BPR) in her first Budget, which opponents argue could see farming families face tax bills of up to millions of pounds.Farmers would pay a rate of 20 per cent IHT on agricultural property and land worth over £1m when they previously paid none, with a £3m threshold for couples passing on farms.\n\nTreasury figures project around 500 estates a year will pay IHT under the changes, but shadow environment secretary Victoria Atkins cast doubt on the numbers, highlighting National Farmers Union (NFU) which suggest “some three quarters” of farms could be hit.Speaking in the debate, North Cotswolds Tory MP Sir Geoffrey Clifton-Brown asked: “What the government fails to answer is that when this land goes on the market, what kind of person will buy it? It won’t be the ones that have farmed the land all their life. “It will likely be foreign investors and hedge fund managers. They will not have generations of knowledge to work this land and will likely take prime arable land out of production, as they could possibly make more money from alternatives.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489143088"}