Dr Andrew Murrison

Dr Andrew Murrison

Conservative — South West Wiltshire

Speaking in the House of Commons on 6 November 2024

Debate

Budget Resolutions

Contribution

Given the raid on family firms, it is worth pointing out that the art of a good Budget and smart taxation is plucking the goose to get the maximum number of feathers with the minimum amount of hissing. On that basis, I am afraid this Budget fails lamentably, and it certainly does in my constituency. The Secretary of State for Business and Trade, in his opening remarks, said that 500 farms a year will be affected by the Budget’s changes to agricultural property relief. He said it casually, as if it is acceptable. Well, that is approximately one for every constituency, and very much more in rural constituencies. The prospect of this affecting, and potentially closing, two farms a year in my constituency is, frankly, horrendous. I urge the Government to think again. I agree with the Government that it is legitimate to look at those who are land-banking to avoid inheritance tax. If that is their intention, they will have support across the House, but attacking family farms is not on, and I hope the Government will think again. The Government say that growth is their No. 1 priority. How so? In my constituency, as we have heard, the long-awaited A303 improvements have been canned, and I suspect that the A350 improvements will follow, as the north-south strategic study that was to be the prelude to a Westbury bypass looks like it has been indefinitely delayed.

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