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

It is 'madness' to prioritise solar panels over farmland, says MP

It is 'madness' to prioritise solar panels over farmland, says MP

Norfolk's first Solar Summit was held last weekend to discuss the cumulative impact of rapidly growing solar proposals

Mia Willemsen
clock 13 September 2026 • 3 min read
Westminster should support agriculture every day of the year, says farming group

Westminster should support agriculture every day of the year, says farming group

Northern Ireland's Farmers For Action says ongoing challenges need further Government intervention

Jane Thynne
clock 12 September 2026 • 2 min read
Upland farming pressures highlighted in Efra Committee meeting

Upland farming pressures highlighted in Efra Committee meeting

Issues involving income streams, access to agri-environment schemes and land management were discussed by upland farming representatives

Mia Willemsen
clock 10 September 2026 • 4 min read