You are viewing 1 of your 2 free articles

You’ll need to join us by becoming a member to gain more access.
Already a Member?

Login Join us now

Budget 2017: Reaction from Wales and Scotland

Don't Miss

While the news on business rates may have been welcomed in England, NFU Cymru has described yesterday’s Budget as a ‘missed opportunity’ to support farm businesses.

Twitter Facebook
Share This

Budget 2017: Farming reaction from Wales and Scotland

The hike in National Insurance (NI) contributions has been particularly controversial, with Plaid Cymru’s shadow Cabinet Secretary for Rural Affairs, Simon Thomas, saying it would hit many farming businesses trying to face the impact and uncertainty of leaving the EU.


Farmers’ Union of Wales managing director Alan Davies agreed. He said: “This increase will hit farmers across the UK badly, and that at a time when they are already having to cope with an increase in business rates, which of course is devolved to Wales, but the increase in NI contributions is not.


“Add to that the uncertainty around future agricultural support and those making a living from agriculture are not being put in the most favourable financial conditions.”


NFU Cymru president Stephen James said he would be working to make the Government aware of the implications of the rise for the sector.


He also raised concerns about the Government proposals on digitising tax, which he claimed would see many farmers hit with a ‘costly and burdensome’ process of accounting from April next year.




NFU Scotland was equally worried about both issues.


Parliamentary officer Clare Slipper said: “For an industry like agriculture, where many farmers and agricultural workers are self-employed, the hike in NI contributions will hit incomes.


“For smaller farm businesses, there would have been some relief in the news that the Government will provide an extra year, until April 2019, before Making Tax Digital is mandated for those with turnover below the VAT threshold.


“However, that leaves VAT registered unincorporated businesses still facing early compliance and that will have an impact on the majority of farm businesses.”


Another concern raised by the Scottish union was the Chancellor’s decision to increase excise duty on spirits by nearly 4 per cent – 36p a bottle – given the effect this will have on Scottish barley growers who supply the whisky sector.

Twitter Facebook
Rating (0 vote/s)
Post a Comment
To see comments and join in the conversation please log in.

More News

Meet the farmers (and vet) looking for love in new BBC show 'Love In The Countryside'

A new BBC show will help singletons living and working in the countryside find love with someone who has a dramatically different lifestyle.

Migrant labour key to meeting growth targets in Scotland

Low domestic unemployment and higher turnover rates in staff mean the sector is reliant on migrant labour to continue to grow

'The pressure is on' - senior legal experts say farming should be Brexit priority

A group of senior barristers has called on the Government to prioritise agriculture in the Brexit talks.

Royal Highland Show: Latest machinery debuts

Visitors to this year’s Royal Highland Show were treated to some of the latest products from both Scottish manufacturers and further afield across the UK and Europe. Richard Bradley reports.

Make dairy as important as the car industry, insists Dairy UK chairman

Dairy should receive the same treatment the car industry does in upcoming Brexit negotiations, according to the Dairy UK chairman.
FG Insight and FGInsight.com are trademarks of Briefing Media Ltd.
Farmers Guardian and FarmersGuardian.com are trademarks of Farmers Guardian Ltd, a subsidiary of Briefing Media Ltd.
All material published on FGInsight.com and FarmersGuardian.com is copyrighted © 2016 by Briefing Media Limited. All rights reserved.
RSS news feeds