At 12:30pm today (November 26), Chancellor Rachel Reeves will announce the Autumn Budget 2025 which has farmers on the edge of their seats waiting to see what she has in store for the industry.
Many have urged the Government to raise the Inheritance Tax thresholdÌýwhich currently sits at £1 million, so that smaller farms will not be impacted.ÌýMinisters have said, however, that no APR and BPR changes will be made, and at the recent CLA conference Farming Minister Dame Angela Eagle said,Ìý‘we are where we are on that one and we have got to look forward', and the industry must move on.Ìý
Now farmers gather outside Westminster awaiting the announcement.Ìý
READ MORE:ÌýWhat can farmers expect from the Autumn Budget 2025?
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