Plea to Chancellor to rethink amid warning Budget changes will affect 30% of UK businesses
Concerns raised over how country's tenancy legislation will affect family farms
Cabinet Secretary for Rural Affairs and Climate Change Huw-Irranca Davies spoke with our chief reporter Rachael Brown about updates to the Sustainable Farming Scheme (SFS), Hybu Cig Cymru facing allegations of 'toxic culture', IHT changes and impact on Welsh farmers, and the upcoming budget in Wales and what this means for SFS
The NFU said the Government's initial claim that only 27% of farms will be affected by the new IHT policy 'materially underestimates the true proportion'. Their analysis found 'around 75% of commercial family farms will be above the £1 million threshold'
NFU deputy president David Exwood said it was ‘very clear that tenants will be impacted' by the Government's IHT proposals
Secretary of State Steve Reed said the roadmap would be focused on making farming and food production 'more profitable in the decades to come', and farmers will tell Government what they need to make a 'success of this vital transition'
Secretary of State Steve Reed said: "Assuming these projections from HMRC validated by Office for Budget Responsibility [OBR] and Institute for Fiscal Studies [IFS] are correct, than many of them, probably happily are wrong"
Tenant ²ÝÁñÉçÇø Association said they had asked the Treasury if it knew how many APR/BPR claims were made from landlords with multiple tenancies, and was told it could not provide the data
Over 1,500 farmers sent out a clear message to their MPs at the NFU rally, demanding the family farm tax to be stopped and properly consulted on
"Many older people in Wales will be forced to cut back further on essentials, including turning off the heating and living in cold homes, with all damaging impacts this has on health and well-being"