Steve Reed claims farmers get a 'good deal' from IHT changes

The Defra Secretary said changes to Inheritance Tax were fair on agricultural business when considering other sectors pay one lump sum

clock • 4 min read
Defra Secretary Steve Reed said: "Instead of paying it [Inheritance Tax] all at once, they [farmers] get 10 years to pay it. I think it is a good deal."
Image:

Defra Secretary Steve Reed said: "Instead of paying it [Inheritance Tax] all at once, they [farmers] get 10 years to pay it. I think it is a good deal."

Defra Secretary Steve Reed has told farmers changes to Inheritance Tax represent a 'good deal' for the sector. Mr Reed has defended Chancellor Rachel Reeves' Autumn Budget changes to Inheritance Tax,...

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

 

Heavy duty replacement troughs, for any parlour.

Heavy duty replacement troughs, for any parlour.

VIEW ADVERT
£POA

Delaval Blue Diamond 32/32

Delaval Blue Diamond 32/32

VIEW ADVERT
£POA

PURECLAD Hygienic

PURECLAD Hygienic

VIEW ADVERT
£POA

More on Politics

Lib Dems demand urgent action on bluetongue border crisis

Lib Dems demand urgent action on bluetongue border crisis

Restrictive zones will see huge economic losses for farmers, markets and rural community say MPs

clock 21 June 2025 • 2 min read
Royal Highland Show: Farmers issued rallying call to keep fighting on IHT

Royal Highland Show: Farmers issued rallying call to keep fighting on IHT

Orkney and Shetland MP Alistair Carmichael said farmers must keep on campaigning to urge Government that they have made a mistake on Inheritance Tax reforms

clock 20 June 2025 • 5 min read
Royal Highland Show: Moving the dial on land policy could help deliver long-awaited recognition for farmers

Royal Highland Show: Moving the dial on land policy could help deliver long-awaited recognition for farmers

Scottish Land & Estates said rural Scotland needs clear policy direction and funding for its multi-faceted role in delivering for nature, climate and food production

clock 20 June 2025 • 5 min read