A question on #Agriculture #CapitalInvestment tabled by Lord Taylor of Holbeach on 26-11-2024 has been answered by Baroness Hayman of Ullock.

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
Asking Member handle:
Asking Member Twitter reference: Lord Taylor of Holbeach
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:
Date answered: 2024-12-02
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4395
Answering Member display name: Baroness Hayman of Ullock
Answering Member handle: suehayman1
Answering Member Twitter reference: @suehayman1
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
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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Answering body ID: 13
Answering body name: Department for Environment, Food and Rural Affairs
Tweeted: true