Agricultural accountants hit out at 'farm tax'
A policy document, reportedly commissioned by the Labour Party and leaked to the press, allegedly shows proposals to scrap business rate exemptions on agricultural land to help revive struggling town centres.
The provision for business rate exemption on agricultural land has stood since 1929.
Communities secretary Eric Pickles says the new tax would drive up food costs and threaten the farming sector, while Labour have responded by saying the alleged tax is not a future party policy.
Chris Wright, a partner in the farming sector team at Moore Thompson, which has offices in Spalding, Wisbech and Market Deeping, also criticised the policy document.
He said: “These alleged proposals, if they come into fruition by any future Government, would have a serious and destabilising impact on farmers across the country.
“It would threaten the livelihoods of farmers, many of whom are already struggling to make their businesses viable.
“Any farm land tax would hit most heavily on small and tenanted farmers who would not be able to meet the extra financial demands placed upon them.
“We would urge the Labour Party or any party thinking about implementing such a tax to seriously think again.”
Other farming and countryside bodies have also spoken out following the leaking of the report.
Henry Robinson, the CLA President, warned that a new tax on farm businesses could lead to the “abandonment” of the countryside.
He said that if the report turns out to be true it would lead to the “end of British agriculture as we know it.” He added that it would leave less money to spend on the environment, while leading to more industrial scale farming “on a scale that would be completely unacceptable to the industry and to the British public.”
No comments posted yet. Be the first to post a comment
Please enter your name
Please enter your comment
Your comment submitted successfully.Please wait for admin approval.
Some error on your process.Please try one more time.
Scotland’s Rural Affairs Secretary Richard Lochhead is calling on the Europ...
As the country settles down following the turmoil of the general election, ...
New research from the Universities of Bristol and Cambridge has found that ...
A new publication to help farmers prevent sheep lameness and offer advice o...
The Farmers’ Union of Wales is putting the spotlight on Liver fluke at next...
The UK is now third in the global rankings for utility-scale solar energy a...
A recent Rural Watch demonstration and information event gave Farmers’ Unio...
Retailers should confirm their commitments to sourcing UK lamb this season,...
A leading retailer has apologised after selling imported lamb in a Borders ...