NFU Scotland president Martin Kennedy on the family farm tax: "The UK Government is completely missing the target"

"Not only is this figure wrong as it was based on a snapshot of 2021 data and values have now considerably changed, but it is also disingenuous on the UK Government to say only 500 (farms) are affected"

clock • 5 min read
Martin Kennedy, NFU Scotland president: "What really sticks in the craw is this proposed tax changes from the UK Government will only generate an estimated £500m per annum – ironically, the same amount that's given overseas in agricultural aid."
Image:

Martin Kennedy, NFU Scotland president: "What really sticks in the craw is this proposed tax changes from the UK Government will only generate an estimated £500m per annum – ironically, the same amount that's given overseas in agricultural aid."

The UK Government's recent Autumn Budget where full relief for Inheritance Tax in agriculture will be discontinued has caused more concern amongst farmers across the UK than I have seen in decades and...

To continue reading...

Already a member? Login for full access.

Login

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358
Register for free Join Now

 

fg buy and sell
VIEW ADVERT

REGISTERED SHEEPDOG PUPS

REGISTERED SHEEPDOG PUPS

VIEW ADVERT
£POA
VIEW ADVERT

PEDIGREE HEREFORD AND ANGUS BULLS FOR SALE

PEDIGREE HEREFORD AND ANGUS BULLS FOR SALE

VIEW ADVERT
£POA
VIEW ADVERT

DOWNGRADE MILK & CREAM

DOWNGRADE MILK & CREAM

VIEW ADVERT
£POA

More on Farm Business

FSA given powers to execute search warrants in crackdown on food crime
Farm Business

FSA given powers to execute search warrants in crackdown on food crime

Body says the measures will help to protect consumers and businesses from increased fraud

Jane Thynne
clock 01 May 2025 • 2 min read
Sussex abattoir saved from closure but facilities need long-term funding to 'survive and thrive'
Farm Business

Sussex abattoir saved from closure but facilities need long-term funding to 'survive and thrive'

Horsham MP John Milne said Gov needs to recognise the importance of abattoirs as 'critical local infrastructure' for farmers and rural communities

Chris Brayford
clock 30 April 2025 • 4 min read
AIMS conference round-up: Meat inspection regime needs a complete overhaul
Farm Business

AIMS conference round-up: Meat inspection regime needs a complete overhaul

Regulation and demonstrating the meat sector’s environmental credentials were hot topics at the Association of Independent Meat Suppliers (AIMS) conference

Olivia Midgley
clock 30 April 2025 • 8 min read