Raising Inheritance Tax threshold could 'save' British farming

Could British farming be saved if Chancellor Rachel Reeves raised the Inheritance Tax threshold to £5 million?

Chris Brayford
clock • 2 min read
Jim Shannon, MP for Strangford, said: "We need the Minister (Daniel Zeichner) to stand up for farming; we all look to him to do that. Go to the Chancellor, tell her what we need—to increase the threshold from £1 million to £5 million—and things will be better."
Image:

Jim Shannon, MP for Strangford, said: "We need the Minister (Daniel Zeichner) to stand up for farming; we all look to him to do that. Go to the Chancellor, tell her what we need—to increase the threshold from £1 million to £5 million—and things will be better."

Farming Minister Daniel Zeichner has been urged to fight for farmers in helping to increase the proposed Inheritance Tax threshold in order to 'save' British farming. Jim Shannon, MP for Strangford,...

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 Politics

'Cheap food is a priority', junior Gov minister tells British farmers
Politics

'Cheap food is a priority', junior Gov minister tells British farmers

At a time when UK farmers are struggling to make ends meet and as they face continued pressure from animal diseases encroaching on the border, should the Government be stressing the importance of prioritising cheap food over food security?

Chris Brayford
Chris Brayford
clock 09 February 2026 • 3 min read
Farmers hand out flyers to public at protest outside Antrim Tesco
Politics

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

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
Chris Brayford
clock 05 February 2026 • 12 min read