Inheritance tax could 'devastate' future of family farms

Sir Mark Spencer said Labour needs to understand how 'devastating' it could be if it imposed an inheritance tax on agricultural estates and property

Chris Brayford
clock • 2 min read
Sir Mark Spencer: "Imposing inheritance tax on family farms would be a disaster for food security, the rural economy and our environment."
Image:

Sir Mark Spencer: "Imposing inheritance tax on family farms would be a disaster for food security, the rural economy and our environment."

Farming Minister Sir Mark Spencer has insisted potential tax increases on farm businesses could be a 'disaster' for food security. The Conservatives have accused the Labour Party of 'raiding' farm businesses...

To continue reading...

Already a member? Login for full access.

Login

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

Farmers hand out flyers to public at protest outside Antrim Tesco

Farmers hand out flyers to public at protest outside Antrim Tesco

Farmers for Action (FFA) NI said the event was part of its ‘IHT and more’ protest campaign

Alex Black
clock 06 February 2026 • 1 min read
NFUS Conference 2026: 'We will keep fighting to reverse IHT for farmers'

NFUS Conference 2026: 'We will keep fighting to reverse IHT for farmers'

Some of the issues raised at the landmark event included Inheritance Tax changes, the threat of animal disease, Bovaer and how the rise of Reform in England could help the SNP win the Holyrood Parliamentary Election in May

Chris Brayford
clock 05 February 2026 • 12 min read
Efra Committee: UK farmers must not be disadvantaged in new EU deal

Efra Committee: UK farmers must not be disadvantaged in new EU deal

Latest Efra Committee report calls for Gov to consider actions to avoid undermining animal welfare and precision breeding progress

clock 05 February 2026 • 3 min read