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

MPs debate IHT as Finance Bill passes second reading

MPs debate IHT as Finance Bill passes second reading

Labour MPs were not expected to abstain on the vote today (December 16)

Alex Black
clock 16 December 2025 • 4 min read
Starmer faces the Liaison Committee, but loses face even more

Starmer faces the Liaison Committee, but loses face even more

The Prime Minister Sir Keir Starmer does not seem to like farming, but he does seem to like digging rather large holes for himself

clock 16 December 2025 • 1 min read
Trump signs Executive Order to support farmers impacted by 'unfair market disruptions'

Trump signs Executive Order to support farmers impacted by 'unfair market disruptions'

US President Donald Trump once more condemned the impact of the 'Death Tax' on family farms, while stating his appreciation for farmers, and why farming communities could receive a share of a $12bn relief programme

Chris Brayford
clock 16 December 2025 • 10 min read