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Reading: Transport Secretary Louise Haigh downplays danger of empty cabinets if farmers strike over inheritance tax
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Michigan Post > Blog > Politics > Transport Secretary Louise Haigh downplays danger of empty cabinets if farmers strike over inheritance tax
Politics

Transport Secretary Louise Haigh downplays danger of empty cabinets if farmers strike over inheritance tax

By Editorial Board Published November 17, 2024 6 Min Read
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Transport Secretary Louise Haigh downplays danger of empty cabinets if farmers strike over inheritance tax

Cabinets is not going to be left empty this winter if farmers go on strike over tax adjustments, a cupboard minister has mentioned.

Louise Haigh, the transport secretary, mentioned the federal government could be setting out contingency plans to make sure meals safety will not be compromised if farmers determine to protest.

Farmers throughout England and Wales have expressed anger that farms will not get 100% aid on inheritance tax, as specified by Rachel Reeves’s funds final month.

Welsh marketing campaign group Sufficient is Sufficient has known as for a nationwide strike amongst British farmers to cease producing meals till the choice to impose inheritance tax on farms is reversed, whereas others additionally ponder industrial motion.

On the weekend the group held a protest in Llandudno, North Wales, the place Sir Keir Starmer was giving his first speech as prime minister to the Welsh Labour convention.

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Requested by Trevor Phillips if she was involved on the prospect that cabinets may very well be empty of meals this winter, Ms Haigh replied: “No, we think we put forward food security really as a priority, and we’ll work with farmers and the supply chain in order to ensure that.

“The Division for Setting, Meals and Rural Affairs can be setting out plans for the winter and setting out – as enterprise as regular – contingency plans and guaranteeing that meals safety is handled because the precedence it deserves to be.”

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From April 2026, farms value greater than £1m will face an inheritance tax fee of 20%, relatively than the usual 40% utilized to different land and property.

Nevertheless, farmers – who beforehand didn’t should pay any inheritance tax – argue the change will imply increased meals costs, decrease meals manufacturing and having to dump land to pay.

Picture:
Transport Secretary Louise Haigh

Tom Bradshaw, the president of the Nationwide Farmers Union, mentioned he had “never seen the united sense of anger that there is in this industry today”.

“I don’t for one moment condone that anyone will stop supplying the supermarkets,” he mentioned.

“We saw during the COVID crisis that those unable to get their food were often either the very most vulnerable, or those that have been working long hours in hospitals and nurses – that is something we do not want to see again.”

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7:06

Farmers ‘betrayed’ over tax change

Explaining why the tax adjustments had been so unpopular, he mentioned meals manufacturing margins had been “so low”, and “any liquid cash that’s been available has been reinvested in farm businesses” for the long run.

“One of the immediate changes is that farms are going to have to start putting money into their pensions, which many haven’t previously done,” he mentioned.

“They’re going to have to have life insurance policies in case of a sudden death. And unfortunately, that was cash that would previously have been invested in producing the country’s food for the future.”

Sir Keir has staunchly defended the measure, saying it is not going to have an effect on small farms and is geared toward concentrating on rich landowners who purchase up farmland to keep away from paying inheritance tax.

Nevertheless, the Conservatives have argued the adjustments quantity to a “war on farmers” and have begun a marketing campaign concentrating on the prime minister as a “farmer harmer”.

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1:19

‘Farmers’ livelihoods are threatened’

Talking to Sunday Morning With Trevor Phillips, shadow residence secretary Chris Philp mentioned he was proud of farmers protesting towards the funds – so long as their strategies and ways had been “lawful”.

“What the Labour government has done to farmers is absolutely shocking,” he mentioned.

“These are farmers that, you know, they’re not well off particularly, they’re often actually struggling to make ends meet because farming is not very profitable these days. And of course, we rely on farmers for our food security.

Addressing the possible protests, Mr Philp said: “I feel folks have a proper to protest, and clearly we respect the precise to protest throughout the regulation, and it is as much as parliament to set the place the regulation sits.

“So I think providing they’re behaving lawfully, legally, then they do have a right to protest.”

Subsequent week farmers are anticipated to carry a mass protest of about 20,000 folks in Westminster towards the inheritance tax adjustments.

TAGGED:downplaysEmptyFarmersHaighInheritanceLouiseriskSecretaryshelvesstrikeTaxtransport
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