Agricultural Property Relief and Business Property Relief

Terry Jermy Excerpts

Monday 5th January 2026 Commons Chamber

[Dan Tomlinson]

The Government have been listening to rural communities, farming representatives and the representatives of family businesses. That is why, after listening, we have come forward with these changes, which we think strike the right balance between the necessary impulse to ensure a fair and sustainable tax system and continuing to protect smaller businesses and farms. I am sure that we will have many more chances in this place to continue to discuss business rates.

[Terry Jermy (South West Norfolk) (Lab)]

This is very welcome news, and many farmers in my constituency will be delighted. May I acknowledge the Minister’s engagement on this subject and the many conversations he has had with myself and other Labour party representatives from rural communities? I pay tribute to my hon. Friend the Member for Suffolk Coastal (Jenny Riddell-Carpenter) for her role as the chair of the Labour Rural Research Group and her advocacy for hundreds of farmers across the country. It is fair to say that the changes to APR are part of a long list of concerns for farmers in this country—concerns that were increased over 14 years of Conservative Government, when we saw a huge decline in farming. May I invite the Minister to join me in a new year’s resolution to work with Treasury colleagues to do more and to do all that we can possibly do to support farming in this country?

[Dan Tomlinson]

I thank my hon. Friend for his reminder that the previous Government and previous Conservative Prime Ministers were roundly rejected by the country at the last general election. People in rural communities and communities up and down the country voted for change for the better with this Labour Government and for a Government who will continue to represent and support farming communities up and down the country. Let me praise my hon. Friend on his recent appointment to the Environment, Food and Rural Affairs Committee, to which I know he will provide an invaluable contribution in his continued representation of rural communities.

Oral Answers to Questions

Terry Jermy Excerpts

Tuesday 4th November 2025 Commons Chamber

[Rachel Reeves]

As the hon. Gentleman knows, that is not what I said in my speech this morning. In last year’s Budget we got rid of the non-dom tax status, we introduced VAT and business rates on private schools, we increased capital gains tax, we increased tax on private jets and we got rid of the carried interest—more than the Green party has ever done to reduce inequality in this country.

[Terry Jermy (South West Norfolk) (Lab)]

So often the farm is the very core of a rural economy. Could my hon. Friend confirm what assessment has been made about the impact of proposed changes to agricultural property relief on growth opportunities in rural areas and the viability of rural communities?

[Dan Tomlinson]

As I said earlier, the proposals made by CenTax and others in relation to agricultural property relief would result in twice as many farms paying more tax as are planned to do under the Government’s proposals. We think our proposals are right and fair.

UK Infrastructure: 10-year Strategy

Terry Jermy Excerpts

Thursday 19th June 2025 Commons Chamber

[Darren Jones]

That was a stream of slightly incoherent questions, if I may say so. I point the hon. Gentleman to the document that we have published today, which does mention Scotland quite a few times. He says that this Labour Government have not delivered anything for Scotland. I will just point him to the largest real-terms increase in funding since devolution began—his SNP colleagues might want to think about how they could spend that more wisely for the people of Scotland. That is in addition to the supercomputer in Edinburgh; the development funding for Acorn, and for carbon capture, usage and storage; and our defence spending, including on the Clyde—I could go on and on. The only people in denial are those in the SNP.

[Terry Jermy (South West Norfolk) (Lab)]

I warmly welcome this statement. After years of neglect, it is quite clear that our infrastructure has been creaking and that opportunities have been missed. That is particularly the case in the east of England, where the Government inherited a per head of population spend that is £1,000 less than the UK average. May I ask the Chief Secretary please to look at the Ely junction project, where for every £1 invested there would be a £5 return? The project would help not only my constituency but dozens in the east of England, and help drive economic growth in our part of the world.

[Darren Jones]

I thank my hon. Friend for raising the Ely junction. The great thing about the multi-year spending review in the 10-year strategy is that the Department for Transport and its partners are now able to plan ahead, so I encourage him to talk to Transport Ministers about that particular project. He is right to say that we are absolutely in the business for high value-for-money cases that unlock growth and opportunity in every part of the country.