Family Farm Tax

Doc Martin star Martin Clunes speaks out on Labour's family farm tax

Morrisons' head of agriculture Sophie Throup said the retailer had been raising farmers' concerns over IHT with Government since November 2024

In today's Farming in Five, chief reporter Rachael Brown reports on the confirmed case of foot-and-mouth disease in Germany. Meanwhile, the Efra Committee has called for an inquiry into animal and plant health which will focus on biosecurity at the border. The National Pig Association hopes the inquiry will apply pressure on the relevant Government departments to ‘effect the change so desperately needed.’ Elsewhere, Morrisons becomes the first supermarket to show public support for farmers in the fight against proposed changes to Inheritance Tax.

Speaking at Oxford Farming Conference, Defra Secretary Steve Reed said: "I am sorry that some of the action we have to take shocked you in turn, but stable finances are the foundation of the economic growth"

CAAV secretary and adviser Jeremy Moody said: "Our calculations point to the first decade of the proposed policy ending with 89,500 farming taxpayers liable for Inheritance Tax on their farm assets"

Tenant Farmers Association said they have only been allowed one ‘short' meeting with the Exchequer Secretary to the Treasury, with the Chancellor herself ‘no where to be seen'

Even families in Ambridge will face the fallout of Rachel Reeves' Budget

"We need the UK Government to stop, reset, reflect, and properly engage and consult on an alternative approach – one that does not have deep, unintended consequences for the future of farming"

The industry has looked to keep the pressure on Government on changes to Inheritance Tax over the festive period