We welcomed the pre-election announcement on extending farmers' averaging, and the suggestion that Mr Osborne will set the Annual Investment Allowance at a far more substantial level than the £25,000 it is due to reduce to from 1 January 2016.
We also noted the government’s manifesto pledge to make this a permanent level.
But we've called on the Chancellor to consider how he could remove barriers to farm businesses investment in new modern efficient infrastructure. And we've highlighted why we believe more needs to be done to secure and transfer knowledge and technology for the future.
Our full submission can be read here.