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

 

More on Politics

Iran war - Kemi Badenoch: "We need to make sure we can grow more of our own food"

Iran war - Kemi Badenoch: "We need to make sure we can grow more of our own food"

Conservative Party Leader Kemi Badenoch told Farmers Guardian that conflict in the Middle East must be a wake up call for the Government to back food production in the UK

Chris Brayford
clock 24 March 2026 • 4 min read
What does Wild Justices' Judicial Review mean for Dartmoor and beyond?

What does Wild Justices' Judicial Review mean for Dartmoor and beyond?

The Judicial Review into the management of Dartmoor Commons could spell bad news for statutory bodies managing livestock in Sites of Special Scientific Interest and Special Areas of Conservation

Chris Brayford
clock 22 March 2026 • 2 min read
What impact is the Middle East conflict having and what can farmers do?

What impact is the Middle East conflict having and what can farmers do?

Domestic fertiliser, fuel, feed and commodity markets could all be impacted by the war

Alex Black
clock 20 March 2026 • 3 min read