51AVÊÓÆµ

Raising Inheritance Tax threshold could 'save' British farming

Could British farming be saved if Chancellor Rachel Reeves raised the Inheritance Tax threshold to £5 million?

Chris Brayford
clock • 2 min read
Jim Shannon, MP for Strangford, said: "We need the Minister (Daniel Zeichner) to stand up for farming; we all look to him to do that. Go to the Chancellor, tell her what we need—to increase the threshold from £1 million to £5 million—and things will be better."
Image:

Jim Shannon, MP for Strangford, said: "We need the Minister (Daniel Zeichner) to stand up for farming; we all look to him to do that. Go to the Chancellor, tell her what we need—to increase the threshold from £1 million to £5 million—and things will be better."

Farming Minister Daniel Zeichner has been urged to fight for farmers in helping to increase the proposed Inheritance Tax threshold in order to 'save' British farming. Jim Shannon, MP for Strangford,...

To continue reading...

Already a member? Login for full access.

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358

Ìý

More on Politics

Labour MPs across Cumbria call on Treasury to change fertiliser tariffs

Labour MPs across Cumbria call on Treasury to change fertiliser tariffs

Following the Government's action to lower the cost of red diesel for farmers by slashing fuel duty, the MPs believe there is a strong case for building on that action by looking carefully at fertiliser tariffs

Mia Willemsen
clock 05 June 2026 • 3 min read
Opinion: SFI update leaves plenty of questions unanswered

Opinion: SFI update leaves plenty of questions unanswered

The first application window for the Sustainable Farming Incentive opens for farmers in England at the end of the month

Alex Black
clock 05 June 2026 • 2 min read
Farmers should not look to the Government for help, warns CAAV secretary

Farmers should not look to the Government for help, warns CAAV secretary

Jeremy Moody of the Central Association of Agricultural Valuers (CAAV) said farming was free to make its own choices, if it could get through the current crisis

Alex Black
clock 04 June 2026 • 2 min read