Our Submission
We have outlined how the government can play its part in supporting and building confidence within the farming industry in the following 3 key policy areas:
- Reducing the impact of external volatility
- Investing for productivity and growth
- Securing knowledge and technology for the future
We have also set out a number of recommendations for each of these key policy areas, which include:
- An extension of farmers profit averaging
- A formal evaluation of a farm management deposit scheme
- A long term level of £250,000 for the Annual Investment Allowance (AIA)
- A Farm Infrastructure Investment Allowance
- Ensuring that that the true value of agriculture and food production is taken into account when assessing the benefits of flood defence schemes
- Re-affirming long term support for the Agri-tech Strategy
- Ensuring the accelerated roll out of universal superfast broadband and a reliable mobile phone network
The full submission can be read here.