Autumn Budget

NFU Cymru brought together farmers and representatives from rural businesses across mid-Wales for a display showcasing the far-reaching impact of the proposed changes to Inheritance Tax

In today's Farming in Five, chief reporter Rachael Brown gives a round up of the latest updates from Treasury and farming leaders on the family farm tax. She looks ahead to the NFU conference next week where the Defra Secretary will give a speech to farmers, but the Prime Minister is not expected to attend

This week from Farmers Guardian editor Olivia Midgley

The event, organised by NFU Cymru Brecon and Radnor members, will involve a rally to demonstrate how the proposed changes to Inheritance Tax will impact the entire Welsh rural economy

NFU president Tom Bradshaw said the Government believed it was 'right' and that the proposals were 'fair', with the farming industry offered ‘generous' exemptions

Rod Cordingley, a valuation and asset management specialist at Stephensons Rural, breaks down the changes and provides essential guidance for farmers facing the new tax environment

Mr Taylor writes about changes to ABR and BPR, alongside the revenue it will raise for the Treasury

Farming groups including the NFU, CLA, Tenant Farmers Association and the Central Association for Agricultural Valuers met with the Treasury today

In today's Farming in Five, head of news and business Alex Black discusses the farming union's and other farming bodies upcoming meeting with the Treasury, the trends in sheep meat production and the fall in confidence in small businesses

All four UK farming unions and member organisations from across the sector are due to meet with Treasury officials on February 18 to discuss the Government's proposed changes to Inheritance Tax