Gove will tell farmers that the current subsidy regime, which rewards land ownership, will be replaced by a scheme focused on supporting the environmentFarmers will get subsidies for turning fields back into wildflower meadows after Brexit, according to environment secretary Michael Gove. Gove is expected to tell farmers at the conference: “Paying landowners for the amount of agricultural land they have is unjust, inefficient and drives perverse outcomes. Michael Gove appears less concerned by this, arguing that UK farmers will prosper by producing top quality food. “Gove must call time on the UK’s largest land owners who are using agricultural land to hide and shelter their wealth,” Scott Cato said. “Agricultural land offers generous tax breaks as it is exempt from inheritance tax after two years if it is actively farmed.

Source: The Guardian January 04, 2018 05:08 UTC