Labour Government

Group warns Chancellor Rachel Reeves she has 14 days to reverse family farm tax

Growers would have to allocate 159% of its profit each year just to cover the tax bill

The committee said it wanted to ensure it is hearing from people and organisations that are affected by Defra's responsibilities

Last week's Budget has brought succession and the transition of family assets to the forefront of everyone's minds, with considerable fear of potential Capital Gains Tax and Inheritance Tax bills

Baroness Kate Rock is hopeful that newly elected Labour MPs in rural constituencies are already talking sensibly about finding a way forward to protect farms from ‘oblivion’

Jeremy Moody, secretary and advisor to Central Association of Agricultural Valuers said the Government's claim that only quarter of farms will be impacted by Inheritance Tax changes ‘misses half of the picture and so understates the effects of the change'

The event is separate to the NFU's lobby being held on the same day, but organisers stressed the events were 'complimentary' and not in competition with one another

Farmers Guardian's online editor Emily Ashworth reflects on the importance of food security - and urges people to remember the plight of food production during World War Two

This week from Farmers Guardian editor Olivia Midgley

NFU Cymru president Aled Jones said 'around £340 million should be forthcoming from the Treasury block grant to Welsh Government for agricultural support'