Motion or amendment: Protecting Farming Families Following the Autumn Budget 2024
Motion or amendment by Mr Tom Buchanan on .
- MLA
- Mr Tom Buchanan
- Party at the time
- Democratic Unionist Party
- Date
- 5 November 2024
- Type
- Motion or amendment
- Business
- Motion · Private Members' Motion
- Heading
- Protecting Farming Families Following the Autumn Budget 2024
- Assembly identifier
- Document 416433
Read the official Assembly record Open Data source
Text
Protecting Farming Families Following the Autumn Budget 2024
That this Assembly condemns the failure by the UK Government to prioritise farming families and the rural economy as part of the Autumn Budget 2024; notes with deep concern the decisions to introduce new thresholds for Inheritance Tax and Agricultural Property Relief, which will jeopardise succession planning on farms, create barriers for new entrants to agriculture and discourage investment in many farm businesses; further notes that these policies undermine the aim of increasing food security and promoting more sustainable and efficient farming practices; is equally alarmed that the Chancellor of the Exchequer has opted not to ring-fence farm support budgets or uplift levels of funding in line with inflation; calls on the Minister of Agriculture, Environment and Rural Affairs to bring forward proposals to mitigate the impact of these damaging policies on local farms, as well as avoid significant increases in food prices; and further calls on the Minister to work with the Minister of Finance to deliver an early and concrete commitment to farming families that current levels of financial support will not only be maintained but increased in the next financial year.
192 words. Text as published by the Northern Ireland Assembly.
Also tabled by
Each MLA who tabled or co-signed this item has their own record:
Assessment
Awaiting analysis
This record has not been analysed yet. It is not counted in any total until it has been assessed.
Disagree with this assessment?
Classifications can be challenged. A person reviews every challenge, and any change is recorded publicly above with its reason.