Wubi News

Farmers should calm down over tax - first minister

2024-11-14 20:00:26

During the programme Morgan also said she "shouldn't think" the incoming president Donald Trump is a "racist".

She said the UK has to "keep as good a relationship with the United States as we can".

From April 2026, farms worth more than £1m will face an effective inheritance tax rate of 20% - half the usual rate of 40%.

The National Farmers Union has called it "disastrous" for family farms, saying it would see farmers forced to sell land to pay the tax.

Speaking to Nicky Campbell, Morgan said it was a UK government responsibility.

"We know the first million is 100% relief. If you have a partner, that's another million, another 100% relief on the second million.

"So we're getting up to quite big numbers.

"The initial calculations that we've made is that there will be a tiny proportion of farmers in Wales affected by this.

"So I just think we should just all calm down a bit until we are all clear about how many farms will be affected, and we are crunching the numbers on that as we speak."

Eluned Morgan took the helm of the Welsh government in the summer after months of upheaval over the leadership of Vaughan Gething.

In the phone in the first minster defended the 20mph speed limit in mostly built up areas on the programme.

Admitting that to say it was controversial was an "understatement", she said there had been a significant reduction in accidents.

On waiting times in the NHS, Morgan said she recognised "that we have a huge amount to do", and said she had announced £28m to help cut long waits.

Challenged on the expansion of the Senedd, the first minister said the legislature is "much smaller than other parliaments".

"It's more difficult to have more people scrutinizing me, but there's plenty of evidence to suggest that when people like me are scrutinized, we do a better job."