Farm unions are targeting a five-year funding commitment to support national food security in the forthcoming government Spending Review. They are also encouraging their members to engage with MPs over the cut in Inheritance Tax...
HM Treasury
Updated guidance on CBAM fertiliser levies
Following member concern driven by speculation over the potential effect of a future Carbon Border Adjustment Mechanism (CBAM) on fertiliser prices, the AIC has revised and updated its guidance to member companies. It says there are...
Budget changes could stifle agri-food productivity
This week’s Budget announcement of a cut in the tax relief on agricultural property sales has caused a farmer backlash. But the AIC notes it is the increase in employer National Insurance rates that will affect all rural businesses....
Lobby deflects silage wrap levy
An intervention by the NFU has resulted in silage wrap being exempted from a proposed £200-a-tonne environmental levy, with the Union believing most of the additional cost would have been passed on to farm...
NFU lists farming’s budget demands
The NFU has sent Chancellor of the Exchequer Philip Hammond a list of eight taxation changes it believes would help British agriculture ahead of next week’s Budget announcement. It says the measures would help place British farm businesses in the best position to be...
