Speaking to Íæż½ã½ã, NFU President Tom Bradshaw shared his reaction following the Farming Minister Daniel Zeichner's address to delegates at AIC conference today (November 13)
Speaking at the AIC conference (November 13) Labour’s Farming Minister said there are ‘constant discussions’ around the new rules on Inheritance Tax
Defra promises raft of measures and confirms farmers to receive Recovery Fund cash in days
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