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JCB heir threatens to take company abroad due to IHT changes

The billion-pound company could move to the US following Labours 鈥榩roblematic鈥� family farm tax changes, says JCB heir

Mia Willemsen

News and business reporter

16 April 2026 鈥� 1 min read

JCB heir threatens to take company abroad due to IHT changes

Jo Bamford, son of JCB chairman Lord Bamford, said he was considering relocating to the US to avoid paying the 20pc tax on assets valued at over 拢2.5m. After describing the family farm tax as a...

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