Budget: Implications for Farming Communities

Kit Malthouse Excerpts
Monday 4th November 2024

(2 weeks, 3 days ago)

Commons Chamber
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Daniel Zeichner Portrait Daniel Zeichner
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I am grateful to the hon. Gentleman for his question. I do not think it is broken down by national area at the moment, but it is something we can go away and look at.

Kit Malthouse Portrait Kit Malthouse (North West Hampshire) (Con)
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I draw the attention of the House to my entry in the Register of Members’ Financial Interests. Farmers and family businesses are deeply alarmed, because an important principle on which they have relied for decades has been breached. It is obvious from the Red Book that the Chancellor will have to raise tax again in the future. Is this the end, or can farmers and small businesses expect yet more demands on death?

Daniel Zeichner Portrait Daniel Zeichner
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The right hon. Gentleman says decades. I think it was in 1991 or 1992 when the current rules were introduced. I can absolutely assure him that we are now on track for a stable future. That will allow farmers in his constituency and across England to flourish.