Katie Lam

Katie Lam

Conservative — Weald of Kent

Speaking in the House of Commons on 4 December 2024

Debate

Farming and Inheritance Tax

Contribution

What I have been told by my farmers, based on the tax advice that they have been given, is that the bills—and not just the inheritance tax on decades of profits—will be completely unaffordable. Farming is hard. It is not like any other industry: it is a culture and a way of life. It is lonely, revenues are uncertain, profits are tiny and cash is tight.

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