§ 49. Mr. Nobleasked the Secretary of State for Scotland what annual amount will accrue to Scottish farmers from the Agriculture Bill; and what amount they are losing from the removal of investment allowances and other relevant factors.
§ Mr. RossI estimate that when all the schemes for which the Bill provides are fully in operation, some £5.3 million annually may accrue to farmers in Scotland. The investment allowances lost might, at current rates of tax, be equivalent to about £l¼ million a year. I am not sure what other relevant factors the right hon. Gentleman has in mind.