Monday, December 16, 2024

Local authority backs small farms with funds from council reserves

Lincolshire County Councillors are to offer more financial support to family farms and to write to Government to express concern about the impact of recent government announcements on family farms and businesses in Lincolnshire.

The money will come from council reserves to support the Lincolnshire Rural Support Network and the Business Growth Hub.

Council Leader Martin Hill said:We have a proud agricultural heritage and landscape in Lincolnshire and our farms contribute strongly to the nation’s food needs.

“With so many agricultural and food manufacturing businesses, we’re concerned about the impact of some of the recent government announcements.

“Today, we pledged to do all within our powers to protect our farming community, including urgently writing to the government to explain the impacts on removing Inheritance Tax Relief on farmland and restrictions on Business Asset relief.

“The removal of these, combined with employer National Insurance increases, will have a devastating impact on small farms and businesses which are the heartbeat of our county. On top of the other pressures facing the industry, including through new environmental legislation, many may not survive in the future.

“With this and plans for massive amounts of industrial infrastructure including pylons, huge solar farms and onshore wind turbines with no direct benefits to our residents on top of increased house building, it is no surprise that rural counties like Lincolnshire are feeling under threat.

“The future of our own finances is also uncertain with the recent announcement of the £9.4m Rural Services Delivery Grant removal by government. However, we have committed to increasing our financial support to the Lincolnshire Rural Services Network who help farmers with a whole range of issues, and to Business Lincolnshire to provide more specialist Growth Hub advice to small rural businesses.”

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