Leaving the EU resulted in the UK leaving the EU’s Common Agricultural Policy (CAP), which paid farmers direct payments and has been a significant source of income for many farmers. Following Brexit, the financial support for farmers is largely contained in The Agriculture Act 2020. The Act sets out measures to increase transparency and fairness in the supply chain for farmers and food producers. However, there is little sign of the bonfire of red tape that Brexit was supposed to provide…
Good governance in farming businesses
Post-Brexit, it’s now even more important for farming families to understand how changes to direct payments and valuation of farmland can affect succession, asset protection and family disputes. We explain what you need to know.