Farmers Threaten ‘Militant’ Action on Inheritance Tax Change

Published on November 5, 2024

The head of the National Farmers’ Union (NFU) has said farmers are ready to take “militant” action after meeting the government to urge a U-turn on planned changes to inheritance tax. NFU President Tom Bradshaw said he had never seen “the weight of support, the strength of feeling and anger” over the plans to impose inheritance tax on farms worth more than £1 million, which farmers have said could spell the end for family farming in the UK. Under plans announced in last week’s Budget, agricultural property relief (APR) will be scrapped, so tax will be levied at 20 percent on farms worth more than £1 million. Farmers have said it will force their families to sell off the land they inherit in order to settle the tax bill....

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