National Insurance

New entrants shun sector as agricultural industry hits new low

Farmer Richard Watts said: "Rising costs in wages, National Insurance, and energy are putting immense pressure on small and family-run farms"

While Ms Reeves was quick to quell any rumoured tax rises, she did not back down on the measures introduced in the Autumn Budget, including the family farm tax

Farm Retail Association chair Emma Mosey said the most pressing concerns for their members following the Chancellor's Budget were Inheritance Tax reforms, minimum wage and National Insurance increases

Farmers in Yorkshire vow to continue fight to stop Labour's family farm tax

The event is led by the same group of farmers who organised the 'Save Family Farms' rally outside Westminster on November 19

"There will be a need for a rapid and concerted effort from the leaders in the rural and farming sectors to hold the Government to account on ensuring that the gulf between urban and rural support does not become even wider"

"Family farms are at the heart of a thriving rural economy, and farming plays a crucial role in delivering on priorities like nature recovery, climate mitigation, and clean water"

Shadow Rural Affairs Secretary Tim Eagle will lead a debate on changes to Agricultural Property Relief in Scottish Parliament on Wednesday (November 13)

NFYFC's YFC agri chair Luke Cox said the proposed tax and wage changes 'threaten the continuity and viability of farm farms and rural diversification businesses'