Farmers: Competitiveness

Lord Inglewood Excerpts
Tuesday 3rd June 2025

(3 days, 9 hours ago)

Lords Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Baroness Hayman of Ullock Portrait Baroness Hayman of Ullock (Lab)
- View Speech - Hansard - - - Excerpts

I should probably declare an interest here as I know Julia extremely well and meet her to discuss exactly these issues. Julia does an awful lot of work on uplands and common land, and it is important that we are able to support the farmers, particularly in uplands, who have a much more challenging environment to farm in. That is one of the reasons why we are looking at reforming the SFI to target those who need it most. Previous schemes have not always benefited those, such as in the uplands, who need the most support.

Lord Inglewood Portrait Lord Inglewood (CB)
- View Speech - Hansard - -

My Lords, I declare my interests as in the register. Can the Minister confirm that in New Zealand, which is probably the pioneer of subsidy-free farming, there is no inheritance tax?

Baroness Hayman of Ullock Portrait Baroness Hayman of Ullock (Lab)
- View Speech - Hansard - - - Excerpts

I am afraid I have to admit to the noble Lord that I know nothing about New Zealand’s inheritance tax law, but I am more than happy to look into it.