Elderly farmers who live past 75 could be charged over 65% in tax

NFU Mutual said farmers who die after age 75 could see a total tax charge of 67% following the Autumn Budget, with pensions set to be included in the Inheritance Tax calculation from April 2027

Chris Brayford
clock • 4 min read
Chancellor Rachel Reeves | Credit: Kirsty O'Connor/HM Treasury
Image:

Chancellor Rachel Reeves | Credit: Kirsty O'Connor/HM Treasury

More farmers are seeking advice on their pension pots following changes in the Autumn Budget which will bring unspent pensions and death benefits within the scope of Inheritance Tax from April 2027...

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

 

Quivogne APX TL Trailed Disc Harrow.

Quivogne APX TL Trailed Disc Harrow.

VIEW ADVERT
£POA

2019 AMAZONE 3M COMBINATION

2019 AMAZONE 3M COMBINATION

VIEW ADVERT
£POA

Logic MFT120 trailed flail topper

Logic MFT120 trailed flail topper

VIEW ADVERT
£POA

More on Farm Business

Staffordshire County Council halt sales of county farms

Staffordshire County Council halt sales of county farms

Reform UK Deputy Leader of Staffordshire County Council Martin Murray said there was now a ‘total ban’ on the sale of county farms

Alex Black
clock 06 November 2025 • 2 min read
Baroness Batters' Farm Profitability Review calls for 'fundamental reset'

Baroness Batters' Farm Profitability Review calls for 'fundamental reset'

Former NFU president says the report sets out a sobering picture of farm finances that must not be ignored by Government

clock 05 November 2025 • 2 min read
Growing appetite for Scottish food and drink

Growing appetite for Scottish food and drink

Shoppers across the UK appreciated the high quality of Scottish produce

Alex Black
clock 05 November 2025 • 2 min read