Following this, Tom highlighted the complete lack of formal consultation on the proposed changes.


During meetings with Defra and Finance Ministers, Tom said that the NFU had offered to work with the Government to find a solution, but that the Treasury was unsure of what they were asking themselves. want to achieve with this policy.


Impact on mental health


In a moving conversation, Tonia Antoniazzi MP (Lab, Gower) asked how the proposed change to inheritance tax will affect the welfare of farmers and raised concerns about the impact on mental health.


In his response, Tom cited the numerous examples forwarded by farmers across the country about the unintended, but very real, consequences these changes could have.


The committee heard about the “terrible, unacceptable situation” for individuals who are deeply concerned about their parents. To clarify, Tom reiterated the fact that these farmers “spent the very best money on tax planning advice, and until the Chancellor sat down, the right advice was to hold the farm to death”.


Policy design


Andrew Pakes MP (Lab, Peterborough) questioned the panel about the motivation for the government’s policies and sought reflections on what it is trying to achieve.


In his response, Tom emphasized that any changes to the APR and BPR should be based on personal wealth, as opposed to business wealth, which would likely be subject to a very different government proposal.


Tom again emphasized that consultation is absolutely essential and extended the offer to work with government to “achieve an outcome that works for everyone, rather than the blunt instrument we have today”.


Relationship between agriculture and government


Summarizing the historical and current relationship between agriculture and government, Tom said: “Since World War II, there has been a covenant between agriculture and government – ​​that agriculture will go on and do its job of producing food, and it went never really about the returns, it was about that way of life, that heritage, that management.


“Unfortunately, given all the other changes in the budget, along with this one, it feels like this covenant has been broken.”



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