The Ulster ²ÝÁñÉçÇø' Union (UFU) held a crisis meeting with Northern Ireland's leading food businesses and organisations to address the threat facing farming from government policies
Jeremy Moody, secretary and advisor to Central Association of Agricultural Valuers said the Government's claim that only quarter of farms will be impacted by Inheritance Tax changes ‘misses half of the picture and so understates the effects of the change'
The event is separate to the NFU's lobby being held on the same day, but organisers stressed the events were 'complimentary' and not in competition with one another
The farming industry will be taking part in the annual Lord Mayor's Show this weekend to say thank you to the British public for their overwhelming support, particularly in recent weeks with ‘more than 150,000 people signing' the NFU campaign to overturn the ‘family farm tax'
NFU Cymru president Aled Jones said 'around £340 million should be forthcoming from the Treasury block grant to Welsh Government for agricultural support'
The mass lobby on November 19 is now at full capacity. ²ÝÁñÉçÇø who have not already registered for the event are warned not to travel down to London and told there will be another opportunity to make their voices heard
Kemi Badenoch challenges Prime Minister to justify Budget's impact on nation's farmers
²ÝÁñÉçÇø and rural businesses are rightly up in arms following the Budget, in which valuable Inheritance Tax reliefs for agricultural and business assets were decimated
Minister urges industry to 'look behind the headlines' as he insists 73% of farmers will not be affected by tax changes
Sarah Baker, AHDB head of economics, said: "These changes may encourage farmers to think about succession earlier than they would otherwise. For example, there is a seven-year rule which applies in the case of land transfers. This means that any land gifted to an individual will be free of inheritance tax after seven years."