and3y.bsky.social
👤 Joined on 16 November 2024
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@and3y.bsky.socialOften farm A buys a piece of kit & then hires it to other farms in the area.
Show PostThe issue being missed is asset value does not equate to income. A single piece of equipment can cost £500k & that will be added to the asset value for tax calculation. The govt say 13% affected & the nfu say 70%. I suspect neither is correct but even if 40% are affected it could decimate production
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