Defra Secretary apologises for 'shock' caused by Inheritance Tax changes

Speaking at Oxford Farming Conference, Defra Secretary Steve Reed said: "I am sorry that some of the action we have to take shocked you in turn, but stable finances are the foundation of the economic growth"

Rachael Brown
clock • 2 min read
Defra Secretary apologises for 'shock' caused by Inheritance Tax changes

Defra Secretary Steve Reed said he was ‘sorry' for the ‘shock' caused by actions from the Government's Budget including changes to Agricultural Property Relief and Business Property Relief. READ NOW: Defra...

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
Register for free Join Now

 

fg buy and sell
VIEW ADVERT

PEDIGREE POLLED HEREFORD BULLS

PEDIGREE POLLED HEREFORD BULLS

VIEW ADVERT
£POA
VIEW ADVERT

DOWNGRADE MILK & CREAM

DOWNGRADE MILK & CREAM

VIEW ADVERT
£POA
VIEW ADVERT

Coyton Barton Herd Reduction Herd

Coyton Barton Herd Reduction Herd

VIEW ADVERT
£POA

More on Politics

Farming Matters - Scott Donaldson: "Family farms are Britain's last true industry"
Politics

Farming Matters - Scott Donaldson: "Family farms are Britain's last true industry"

Alex Black
Alex Black
clock 08 November 2025 • 3 min read
EXCLUSIVE - John Milne: 'Farmers are expected to adhere to high animal standards while being condemned to an unfair market structure'
Politics

EXCLUSIVE - John Milne: 'Farmers are expected to adhere to high animal standards while being condemned to an unfair market structure'

The Horsham MP said the current food system makes it nearly impossible for farmers to sell food profitably outside supermarket contracts, making it incredibly difficult for people to access locally-produced food in the process

John Milne
clock 07 November 2025 • 3 min read
OPINION: "As Remembrance Day takes place, it is hard to see the country slide into the same worrying position as IHT and geo-political turmoil take hold"
Politics

OPINION: "As Remembrance Day takes place, it is hard to see the country slide into the same worrying position as IHT and geo-political turmoil take hold"

Digital editor Emily Ashworth looks back at food security woes throughout the year in this Remembrance Day special

Emily Ashworth
clock 07 November 2025 • 2 min read