51AVÊÓÆµ

IHT draft legislation: 'This is a tax on resilience, succession and viability'

Knight Frank said it is 'disheartening' that APR and BPR, which were Labour-originated reliefs introduced during periods of national economic stress to help family businesses, could now be taken away from farmers

Chris Brayford
clock • 3 min read
James Farrell, head of rural consultancy at Knight Frank, said: "At a time when the sector is already struggling, due to rising costs, labour shortages, and policy volatility this legislation risks being the final straw for some."
Image:

James Farrell, head of rural consultancy at Knight Frank, said: "At a time when the sector is already struggling, due to rising costs, labour shortages, and policy volatility this legislation risks being the final straw for some."

Farmers have claimed Labour has turned its back on farming and rural communities with plans to progress Inheritance Tax reforms on family farm businesses next year. On Monday (July 21), the Government...

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

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

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

The Central Association of Agricultural Valuers (CAAV) said farming is free to make its own choices, if it can get through the current crisis

Alex Black
clock 04 June 2026 • 2 min read
From the editor: A powerful reminder that the public supports British farmers

From the editor: A powerful reminder that the public supports British farmers

This week from the Farmers Guardian editor Katie Jones

Katie Jones
clock 04 June 2026 • 2 min read
From the editor: Rural crime figures still an area of concern

From the editor: Rural crime figures still an area of concern

Katie Jones
clock 29 May 2026 • 2 min read