IHT draft legislation: Thousands of family farms could feel 'devastating' impact if reliefs are taken away

S&W said farmers are now more likely to consider passing their farms on to their children while they are still alive due to IHT

clock • 3 min read
Aloysia Daros, S&W head of landed estates and rural businesses, said: "They [farmers] face paying 20% on the value of the land, regardless of the profits it is making or otherwise. With many farms facing a tough time from rising costs and tight margins, it puts their viability in doubt."
Image:

Aloysia Daros, S&W head of landed estates and rural businesses, said: "They [farmers] face paying 20% on the value of the land, regardless of the profits it is making or otherwise. With many farms facing a tough time from rising costs and tight margins, it puts their viability in doubt."

A reduction in Inheritance Tax relief could have a 'devastating impact' on thousands of family farming businesses across the UK, an accountancy firm has warned. Aloysia Daros, S&W's head of landed estates...

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

Welsh farmers could 'miss out' on breeding sale season without easing of bluetongue restrictions
Politics

Welsh farmers could 'miss out' on breeding sale season without easing of bluetongue restrictions

Welsh farmers have already been counting the loss of lost trade due to bluetongue restrictions. The sector will have to wait another two weeks before they can potentially take vaccinated livestock to one of eight eligible markets in England

Chris Brayford
clock 04 August 2025 • 8 min read
EXCLUSIVE - Aphra Brandreth: "The devastation [farmers] feel is matched only by their frustration at the absence of reliable support"
Politics

EXCLUSIVE - Aphra Brandreth: "The devastation [farmers] feel is matched only by their frustration at the absence of reliable support"

Chester South and Eddisbury MP Aphra Brandreth writes for Farmers Guardian on the heartbreak of animal disease on-farm, such as bovine TB, and how years of hard work can be compromised by a single positive test

Aphra Brandreth
clock 04 August 2025 • 3 min read
'If nothing changes on IHT, farms will not survive' - Will Gov now act to save British farming?
Politics

'If nothing changes on IHT, farms will not survive' - Will Gov now act to save British farming?

An Inheritance Tax specialist has provided a candid account of the heartbreaking choices and worries farmers across the UK now face with proposed changes to Agricultural Property Relief next year

Chris Brayford
clock 01 August 2025 • 7 min read