Will your local farmers' market be affected by Budget tax raid?

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One farmer told i the implications of the Budget might have put the 'final nail in the coffin of small farms in the UK'

the implications of the Budget might have put the 'final nail in the coffin of small farms in the UK'has not been well received by many farmers who have warned that new measures, including changes to agricultural property relief , threaten family farms and will make food production more expensive.

Ms Mosey said that it is not solely the dairy produce under threat, but vegetables and other produce stocked from small farms that cannot sustain the impact of the changes to Mr Gibson said: “If we were in a position where the kids had to inherit the farm tomorrow, there probably wouldn’t be that much of an impact from inheritance tax point of view. But we’re also looking at planning on putting on a farm shop. We’ve just got planning permission for that.

“Losing a farmers’ market doesn’t feel like a huge thing, but for me, this is the death knell of food culture in the UK.” Paul Johnson, director of the Institute for Fiscal Studies , said the changes will not affect the majority of farms.

 

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