Inheritance Tax

Debate between Noah Law and Caroline Johnson

Wednesday 14th October 2026 Commons Chamber

[Noah Law]

I respect the point the hon. Member makes and fully respect what she says about the aspirations of those of us who grew up in rural areas where property prices are often inflated. But I will be honest: I know very few people from back home who have ever paid inheritance tax. I do not know these people. If she would like to correct me on that—

[Dr Johnson]

On the point of ideology, what I have tried to get from my interventions is an understanding on the Government Benches that inheritance tax penalises people at all levels. If people do not start a business because it is not worth the bother, if they do not invest because it will be taken off them, and if they cannot pass a business on to their children and, as a result, it has to be sold and the jobs are lost, people do not have jobs and employment, and everyone is affected.

[Noah Law]

It is objectively untrue that inheritance tax penalises people at all levels. It penalises, at best, 4% or 5% of people with the wealthiest estates. I understand the cultural arguments that the Conservatives are making about aspiration and all the rest of it—we should all strive to support that—but, as my hon. Friend the Member for Harlow (Chris Vince) pointed out, this proposal is not pragmatic at all; this is bonkers.

Farming

Debate between Noah Law and Caroline Johnson

Thursday 13th March 2025 Commons Chamber

[Dr Johnson]

I find them extremely difficult to reconcile. In early October, I went to the “Farmers Weekly” awards in London where the Minister, in his red bowtie, gave a speech in which he said that the Government would have the farmers’ backs. I am sure he believed it was true when he said it, but within a month, he was unfortunately proven wrong with this Government’s Budget.

Many Members have talked about the profitability of farming. How will the family farm tax make farms more profitable? How will the family business tax, the drastic drops in delinked payments, the rise in the minimum wage, rising national insurance contributions, or the tax on double cab pick-ups make farms more profitable? They will not. How will closing the SPI payment scheme early and without notice, despite having promised to give notice, make farms more profitable and businesses more secure? It will not. The Government now talk about taking land without proper due consideration. That has led many farmers in my constituency to ask, “Why does this Labour Government hate farmers so much?” Why do they want to hurt our farmers so much?

[Noah Law]

What does the hon. Member think that the largest farming budget in recent years will do if not make farming more profitable?

[Dr Johnson]

I do not support the hon. Gentleman’s figures or think the Government will make farming more profitable. It is the classic socialist trick of saying, “We’ll give you some money here, and we’ll take some money there.” We have seen it with hospices and the NHS, and we see it with farming as well. They are taking money away in taxes left, right and centre, then giving a few pence over there and saying, “Be grateful, why don’t you?” I am afraid that it does not wash with farmers. Farmers are clever people, and they can see straight through it.

The effects of the Government’s policy will be reduced food security, the collapse of small businesses and the purchase of that land by larger corporations, and an increase in food prices for consumers rich and poor across the country. This is a debate on the future of farming. Many farmers in my constituency feel that, thanks to this Labour Government, they have no future in farming.