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EXCLUSIVE - Ann Davies: "The future of this industry depends on who farms next"

Caerfyrddin MP Ann Davies has urged the Government not to target future generations of hardworking farmers through changes to Inheritance Tax. She said the future of farming relies on being able to pass on the family farm through succession

clock 鈥� 3 min read
Plaid Cymru MP Ann Davies said: "What gets lost when succession fails is not just acreage - it is everything that cannot be valued on a balance sheet. The knowledge of a particular field's drainage, a certain flock's pedigree, the trust built with local buyers over generations. When a family farm breaks up to meet a tax bill, we lose all of that too."
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Plaid Cymru MP Ann Davies said: "What gets lost when succession fails is not just acreage - it is everything that cannot be valued on a balance sheet. The knowledge of a particular field's drainage, a certain flock's pedigree, the trust built with local buyers over generations. When a family farm breaks up to meet a tax bill, we lose all of that too."

At the recent Plaid Cymru Spring Conference in Newport, during an event jointly hosted by the NFU Cymru and Farmers' Union of Wales (FUW), one question from the audience stayed with me, 鈥楬ow do you encourage...

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