Agricultural Property Relief
Debate between Ann Davies and Graham Stringer(1 week, 1 day ago)
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Torsten Bell
I will at some length explain why the remarks that the right hon. Gentleman just made—
Graham Stringer (in the Chair)
Order. If Members wish to make an intervention, they should stand to do so. It is up to the person who is speaking whether to accept an intervention.
I was going to say this at the end of Ann Davies’s speech, but I will say it now. This debate is oversubscribed, so I will put a time limit on speeches. Members should make short interventions, because interventions will mean less time for those people who have put in to speak.
Ann Davies
Of the clients that Eirian mentioned, five of them will not come under the tax liability because they have very small farms with off-farm income, they have transferred their farms following ill health, or they have significant debt that offsets the value of their farms.
It is clear that the assessments of the impact of the changes on working farms across the UK, on the wider economy and on the wider food supply chain are inadequate. The data that we have is deficient; it includes smallholdings and non-working farms. Data based on the basic payment scheme or on agricultural output would provide a fairer representation of the situation for genuine farmers.