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Lord Wigley (PC)

Speaking in the House of Lords on 1 December 2025

Debate

Small Farms

Contribution

My Lords, is the Minister aware that the farming pattern in Wales is very different from that in the majority of England? Most farmers may be capital rich but are income poor, with average incomes under £25,000 a year. In these circumstances, will the Government either exempt all agricultural holdings from capital gains tax where they are transferred from family to family for an ongoing agricultural purpose, or enable Senedd Cymru to introduce a new agricultural taxation system in Wales to safeguard our traditional family farms?

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