Business News

DEFRA secretary of state Emma Reynolds said that there will be no further changes to the inheritance tax reliefs for farmers. 

Farmers gathered outside the Oxford Farming Conference today to continue their campaign, saying the increase in the IHT threshold still does not go far enough.

The Rural Asset Finance team are looking forward to presenting the awards at the LAMMA Show at Birmingham’s NEC on January 14th and 15th – and are hugely impressed by all of the category winners, who were announced at the end of November.

Farming industry representatives have responded to reforms to the SFI announced today at the Oxford Farming Conference.

Speaking at the Oxford Farming Conference today, environment secretary Emma Reynolds announced reforms to the Sustainable Farming Incentive (SFI), which are aimed at simplifying the scheme, levelling the playing field, and providing stable, predictable delivery.    

As an Arctic airmass continues to cover the UK, bringing cold conditions with snow, sleet and hail showers, farmers have been warned to protect themselves, their livestock and their machinery during these challenging conditions.

Farmers operating as sole traders will have an extra year before they need to start using Making Tax Digital (MTD) for income tax.

Jeremy Clarkson has criticised what he calls an “actively anti-farming” government but said that farmers have a chance to unite and find solutions when they gather at a pivotal Cereals event on his Diddly Squat Farm next year.

British farming industry representatives said the government “deserves credit” for its U-turn on IHT and APR relief for farmers but warned the changes only limit the damage inheritance tax does to farming businesses.

Industry representatives have welcomed the introduction of a new Farming and Food Partnership Board announced at the Farm Profitability Review.

The NFU has welcomed the government’s announcement of a consultation on reforms to the planning system that will make it easier for farmers and growers to grow their businesses and secure approval for new agricultural buildings. 

North Farm Livestock is partnering with an increasing number of landowners, farmers and estates to integrate outdoor pigs into their rotation. Its year of significant growth has now been capped off by multiple National Pig Awards.