There is no distinction for tax purposes between payments made under the three listed schemes. It is necessary to analyse the purpose and function of any government grant in order to form a view as to how it is likely to be treated for tax purposes. The tax treatment of a payment under any relevant scheme will depend on whether it is a trading receipt, whether it is capital or revenue in nature, and how it is recognised in the accounts of the farmer\u2019s business.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4689", "label" : {"_value" : "Biography information for Lord Agnew of Oulton"} } , "answeringMemberPrinted" : {"_value" : "Lord Agnew of Oulton"} , "dateOfAnswer" : {"_value" : "2021-06-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2021-06-08T11:43:35.053Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2021-05-27", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Agriculture: Subsidies"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government whether for tax purposes there is any distinction between payments made to farmers under (1) the EU Basic Payment Scheme, (2) the Countryside Stewardship Scheme, and (3) the Environmental Land Management system.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1854", "label" : {"_value" : "Biography information for Lord Marlesford"} } , "tablingMemberPrinted" : [{"_value" : "Lord Marlesford"} ], "uin" : "HL670"} , {"_about" : "http://data.parliament.uk/resources/1135315", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1135315/answer", "answerText" : {"_value" : "The Government has pledged to continue to commit the same cash total in funds for farm support until the end of the parliament. It has also set out its plans for English agriculture policy after we have left the EU, including phasing down direct payments from 2021 over seven years. Agriculture is a devolved matter, so it is for the Welsh Government to decide whether to continue with direct payments in Wales. We will continue to engage with the Welsh Government on arrangements for domestic replacement funding after 2022, but have already committed not to simply apply the Barnett Formula to agriculture funding in England. This means that funding will not just be allocated according to the population of each nation. "} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4097", "label" : {"_value" : "Biography information for Elizabeth Truss"} } , "answeringMemberConstituency" : {"_value" : "South West Norfolk"} , "answeringMemberPrinted" : {"_value" : "Elizabeth Truss"} , "dateOfAnswer" : {"_value" : "2019-07-05", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-07-05T11:23:04.133Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-06-27", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Agriculture: Subsidies"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what plans he has to replace the funding the Welsh Government receives from the EU for direct payments to farmers after 2022 if the UK leaves the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1397", "label" : {"_value" : "Biography information for Hywel Williams"} } , "tablingMemberConstituency" : {"_value" : "Arfon"} , "tablingMemberPrinted" : [{"_value" : "Hywel Williams"} ], "uin" : "270302"} , {"_about" : "http://data.parliament.uk/resources/1135325", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1135325/answer", "answerText" : {"_value" : "
HM Treasury ministers and officials have regular discussions with counterparts in the Welsh Government on matters relating to EU Exit, including funding. On agriculture funding, the Government has committed to provide the same cash total in funds for farm support until the end of the Parliament. Under this commitment, the average annual cash total for farm support under the existing 2014-2020 Multiannual Financial Framework, and the average annual Exchequer funding provided for farm support under Pillar 2, will be rolled forward year by year until the end of this parliament. An independent advisory panel, led by Lord Bew of Donegore, is considering what factors should determine the distribution of convergence funding across the UK during this period. We expect the review to report over the summer in advance of decisions at the Spending Review.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4097", "label" : {"_value" : "Biography information for Elizabeth Truss"} } , "answeringMemberConstituency" : {"_value" : "South West Norfolk"} , "answeringMemberPrinted" : {"_value" : "Elizabeth Truss"} , "dateOfAnswer" : {"_value" : "2019-07-05", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "270338"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-07-05T11:21:12.027Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-06-27", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Agriculture: Subsidies"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what discussions he has had with the Welsh Government on replacing the funding it currently receives from the EU for farm payments if the UK leaves the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/3943", "label" : {"_value" : "Biography information for Jonathan Edwards"} } , "tablingMemberConstituency" : {"_value" : "Carmarthen East and Dinefwr"} , "tablingMemberPrinted" : [{"_value" : "Jonathan Edwards"} ], "uin" : "270339"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 3, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }