51AVÊÓÆµ

Treasury argues 'right balance' met with Agricultural Property Relief changes

Gov has described changes to Inheritance Tax and Agricultural Property Relief as 'generous' compared to reliefs in 1992

clock • 3 min read
James Murray, Exchequer Secretary to the Treasury, said: "Despite a tough fiscal context, the Government will maintain very significant levels of relief from Inheritance Tax beyond what is available to others and compared to the position before 1992."
Image:

James Murray, Exchequer Secretary to the Treasury, said: "Despite a tough fiscal context, the Government will maintain very significant levels of relief from Inheritance Tax beyond what is available to others and compared to the position before 1992."

Treasury officials have claimed that changes to Agricultural Property Relief (APR) and Inheritance Tax will strike a 'right balance' in supporting farmers and fixing the public finances. David Chadwick,...

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

 

More on Politics

Defra stands defiant as demands for IHT delay grow

Defra stands defiant as demands for IHT delay grow

Department says its commitment to farmers remains 'steadfast' but there will be no change to Budget reforms

clock 18 May 2025 • 2 min read
Top five takeaways for farmers from Trump's trade deal with the UK

Top five takeaways for farmers from Trump's trade deal with the UK

Supermarkets, politicians and industry leaders have all had their say on the US/UK trade deal signed on May 8. But will the impact reach your farm gate?

clock 17 May 2025 • 5 min read
Investment needed to halt 'worrying decline' in beef cattle numbers

Investment needed to halt 'worrying decline' in beef cattle numbers

Analysis from Quality Meat Scotland has revealed the UK may need to import 124,000 tonnes of beef to fill a projected 8% drop in production by 2030 if it does not invest in beef production

clock 17 May 2025 • 5 min read