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
Register for free Join Now

 

More on Farm Business

Farming Matters – Joshua Hoopes: "'If UK food production is to remain resilient, confidence has to be rebuilt at farm level"
Farm Business

Farming Matters – Joshua Hoopes: "'If UK food production is to remain resilient, confidence has to be rebuilt at farm level"

This week's opinion from throughout the world of agriculture: Joshua Hoopes, chief executive of Fevara

Joshua Hoopes
clock 07 February 2026 • 3 min read
Bank of England holds base rate at 3.75%
Farm Business

Bank of England holds base rate at 3.75%

The Monetary Policy Committee voted by a majority of 5-4 to maintain the bank rate

Alex Black
Alex Black
clock 05 February 2026 • 1 min read
Dairy sector 'close to the floor on headline milk prices'
Farm Business

Dairy sector 'close to the floor on headline milk prices'

But industry figures warn of challenges amid growing spring flush over-supply concerns

Jane Thynne
clock 04 February 2026 • 2 min read