Would-be farm owner Juliet Lyle on the impact of Labour's new tax rules

Transcript

00:00Fundamentally, what impact is this tax going to have on you?

00:06Well, our farm has been in the family for 12 generations, I'll be the 13th generation

00:13and every generation is added a little bit to the farm, so that means that this tax bill

00:20will mean that when my mum and dad pass away, me and my siblings will have a seven figure

00:26tax bill to pay, which just won't work. We would have to give up the main production

00:34side of the farm, which would be just a real shame and I think the government don't realise

00:42how much this will impact the food that's going to be on the shelves.

00:49So will it jeopardise you taking over the farm?

00:53Yeah, definitely. It would just make the everyday running of the farm just that much

01:01more difficult and already I think farmers are already struggling to pass on their farms

01:07to their children. It's not an easy life, it's already tough enough and the government

01:13are just not making it any easier at all and they need to realise that without their farmers

01:20there just won't be food on the shelves, the market shelves.