Finance (No. 2) Bill

Lincoln Jopp Excerpts

Wednesday 11th March 2026 Commons Chamber

[Kirsty Blackman]

Given that we have a Labour Government who care about workers’ rights, the family businesses that I have visited have a strong worker involvement. The people who work there are cared for and looked after because it is a family business, and one would think that the Labour party would want to support more of those rather than encouraging people to get out of that place. I agree with the hon. Gentleman and I have big concerns on the matter.

As my hon. Friend the Member for Aberdeenshire North and Moray East (Seamus Logan) is currently leading a debate in Westminster Hall, he is unable to speak to his amendments himself, so I would like to talk about the reasons that he has tabled them. He has tabled a number of amendments in relation to APR and the anti-forestalling clauses. We are pleased that the threshold for APR was raised—that is welcome—but we are concerned about the backdating and the fact that the changes relate to things from 2024 onwards, rather than from April 2026 onwards. My hon. Friend’s amendments relate specifically to those anti-forestalling issues and ask for changes to be made, so that there is no backdating on the transactions. A number of agricultural organisations and farmers in his constituency have asked for those changes to be made, which is why he has put forward those amendments. The Government have raised the threshold, which is welcome, but if they continue to push forward with this measure, that will not be enough. Either cancelling it completely, as suggested by the Conservatives, or looking at the date would be incredibly helpful in ensuring that it is not backdated or retrospective, so that people do not lose relief on changes announced or made previous to the Budget.

My hon. Friend also tabled amendments in relation to whisky duty, which would take out clause 86. Over the last three years, we have seen an 18% hike in whisky duty. The figures show that there will be a £600 million downgrade in receipts as a result of continuing to increase this tax. Increasing the tax will reduce receipts, which will result in jobs in Scotland being put at risk, and the Government getting less money. I do not understand the logic of continuing to push ahead with raising whisky duty.

We really want the Government to think again. [Interruption.] To be fair, the 18% hike over three years was down to both Labour and the Conservatives, so I am afraid that the Conservatives do not have a huge amount of high ground. This issue has happened under both parties, but we will continue to fight on behalf of Scottish whisky producers. The tax on spirits needs to be looked at seriously, because this is an important part of the Scottish economy; it provides jobs in rural areas where depopulation is a big issue. We need these companies to continue, but if the Government continue to raise tax and hike the tax rates, we will see those jobs dropping off.

Amendment 140 has not been selected, but it is the only amendment put forward by our merry band of Reform colleagues, although they signed some other amendments. If anyone looks at that amendment, which we would presume is Reform’s key priority, given that that is the only amendment it has put forward, they will see that it would remove clause 88, which increases cigar duty. The main priority of Reform in the entire Finance Bill is that the Government should not be allowed to increase duty on cigars. That says a huge amount about the priorities of those who sit on the Reform Benches for the general people. To be fair, no Reform Members are here.

[Lincoln Jopp (Spelthorne) (Con)]

They’ve gone up in smoke! [Laughter.]

[Kirsty Blackman]

That was truly brilliant.

With all the craziness that we face in the world and all the issues faced by farmers, businesses and those who are badly advised by people making up tax advice on the internet, if the key priority of Reform is, “Let’s not increase the price of cigars”, it has got something wrong in the way that it deals with things.

I have laid out exactly how the SNP will deal with each of the votes that will take place, including our abstention on the income tax thresholds, because they do not apply in Scotland. I am very clear that we continue to have major concerns about APR and BPR.

I want the Government to think again about whisky duty and the level of transparency and scrutiny provided throughout the course of the Bill. This is not the first time I have asked for that, and Members are probably sick of me asking for oral evidence sessions to be included in the Bill, but I will keep asking until that happens. If the Government want to stop me having this conversation, just make it happen, and we will be completely grand.

--- Later in debate ---

[Dan Tomlinson]

I am sure this issue was considered before the policy was announced, and I have considered it too since I have been in post. It is worth pointing out that HMRC already offers several payment options to help personal representatives pay inheritance tax. That allows banks, building societies or investment providers to pay some or all the inheritance tax due from the deceased person’s accounts before probate is granted. There are a range of ways available to people to enable them to pay IHT within six months. I therefore urge the House to reject amendment 88.

[Lincoln Jopp]

Could the Minister tell us when he last met a farmer?

[Dan Tomlinson]

The president of the National Farmers Union mentioned in his speech to the farmers’ conference just a few weeks ago that he was glad of my engagement with farmers—he personally called out that engagement. I took a trip to the constituency of my hon. Friend the Member for Hexham (Joe Morris), after being invited there by him, and I was glad to meet farmers there and learn about their experiences.

Amendments 89 to 94 seek to exclude the value of any joint interest in certain agricultural business tenancies from the £2.5 million allowance for 100% relief. It is worth pointing out that the drafting of the amendments risks those tenancies falling outside the allowance entirely so that, rather than providing 100% relief, the Government are concerned that the drafting would mean that the relief might well be capped at 50% for those with joint tenancies. That is certainly a reason to reject those amendments.