Saturday, 23 November 2024

UK partners with World Economic Forum to change inheritance tax laws, transforming traditional farms to solar and wind farms


The UK government recently announced sweeping reforms to the inheritance tax on agricultural properties. These changes could open the door to a resource confiscation scheme that transitions traditional food-producing farms to solar and wind farms.

The scheme incentivizes farmers to lease or sell their agricultural land to corporate-owned energy developments. Farms will be surrendered to corporations connected directly to the World Economic Forum. Once the farms are converted to solar and wind, the changes will be permanent. This will have a devastating impact on food production across the UK, driving up food prices and creating food shortages over the long haul.

World Economic Forum charters new path to stifle and control food production in the UK

Under the new policy, the UK government rewrites the Agricultural Property Relief (APR) and Business Property Relief (BPR) provisions. Starting in April 2026, the first £1 million of combined business and agricultural assets will remain free from inheritance tax, but above this threshold, the relief will drop from 100% to 50%, effectively imposing a 20% inheritance tax rate on assets over the threshold.

Gareth Phillips, a partner at multinational law firm Pinsent Masons, says the changes could have a profound impact on the agricultural sector, diversifying farmer’s income streams. Phillips is a "renewable energy expert" with extensive experience in project development, financing, and planning.

Historically, many farmers have avoided leasing land for renewable energy developments due to concerns over losing valuable inheritance tax relief. If farmers leased land for projects such as solar or wind farms, it could potentially trigger a loss of agricultural status, leading to higher tax liabilities. However, with the upcoming reforms, landowners are now being encouraged to explore new income streams, including leasing land to renewable developers, without the same risk of inheritance tax penalties.

“It’s clear that these changes are likely to open up more agricultural land for renewable energy projects,” Phillips said. “Farmers have long been reluctant to lease their land for renewable development because of inheritance tax concerns. But with the tax relief reduction, we may now see more landowners willing to make the transition, either by leasing their land or even selling it to fund their tax liabilities. This could help address some of the land scarcity issues that renewable energy developers have faced.”

Farmers to protest WEF’s land confiscation schemes in London on Nov 19

The UK government’s commitment to tackling “climate change” and meeting net-zero emissions by 2050 is a driving force behind these reforms. Industry experts have long cited the need for more land to meet ambitious “net zero” carbon targets. Pinsent Masons, where Phillips works, has strong ties to climate-focused initiatives. The firm is a well-known proponent of sustainability, with stated goals of achieving net-zero emissions by 2040 and sourcing 100% renewable electricity by 2030. The firm is directly involved in global discussions around decarbonization and sustainable infrastructure, and they are collaborating with the World Economic Forum to achieve their totalitarian goals.

On November 19, farmers will be taking to the streets of London in protest, calling for support in preserving the future of family-run farming. One Twitter user expressed the sentiment of many: "UK farmers need us! (and we need them!) … Once farming is gone, it’s gone, and that’s what they want… and we know why! Everyone who is able, get to London to support UK Farmers!"

Many farmers fear that the tax changes will disproportionately affect smaller, family-owned farms, which are already under financial pressure from rising costs, climate challenges and volatile market conditions. The concern is that these new policies could force many farmers to sell off their land, either to pay inheritance taxes or to capitalize on potentially higher land values driven by interest from renewable energy developers. These changes will cripple small farms and shift the UK’s agricultural sector toward large-scale industrial farming or corporate-owned energy developments, ceding control to the globalists.

Sources include:

Expose-News.com

PinsentMasons.com

PinsentMasons.com


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