Heading: |
Agriculture: Capital Investment |
Question ID: |
1744938 |
UIN: |
HL2946 |
House: |
Lords |
Date tabled: |
2024-11-26 |
Asking Member ID: |
3787 |
Asking Member display name: |
Lord Taylor of Holbeach
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Asking Member handle: |
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Asking Member Twitter reference: |
Lord Taylor of Holbeach
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Member interest: |
false |
Question text: |
To ask His Majesty's Government what assessment they have made of (1) changes in farmers and growers’ investment behaviour following the autumn Budget, and (2) the consequential impact on the achievement of their economic growth targets. |
Is named day: |
false |
Date of holding answer: |
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Date answered: |
2024-12-02 |
Date answer corrected: |
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Is holding answer: |
false |
Is correcting answer: |
false |
Answering Member ID: |
4395 |
Answering Member display name: |
Baroness Hayman of Ullock
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Answering Member handle: |
suehayman1
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Answering Member Twitter reference: |
@suehayman1
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Correcting Member ID: |
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Correcting Member display name: |
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Correcting Member handle: |
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Correcting Member Twitter reference: |
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Answer text: |
As with all businesses impacted by a change in tax, we can expect there to be some changes. However, for most farm businesses where there remains a strong rationale to invest and grow, changes to inheritance tax are unlikely to overwhelm that rationale. W... |
Original answer text: |
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Comparable answer text: |
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Answering body ID: |
13 |
Answering body name: |
Department for Environment, Food and Rural Affairs |
Tweeted: |
true |