Labour's IHT reforms not 'ideological' in targeting farmers, FBUK says

Family Business UK chair Steve Rigby said he believes Labour's changes to Inheritance Tax were not made with the intention of targeting small businesses like family farms

Chris Brayford
clock • 3 min read
Steve Rigby, Family Business UK chair, said: "I do not think it was ideological and it was a genuine mistake. We are all experienced and have made lots of mistakes. The important thing with mistakes is owning up and adjusting."
Image:

Steve Rigby, Family Business UK chair, said: "I do not think it was ideological and it was a genuine mistake. We are all experienced and have made lots of mistakes. The important thing with mistakes is owning up and adjusting."

Reforming Inheritance Tax was not made from an ideological viewpoint that all farmers, landowners and business owners are seen as 'wealthy' by the Government. Steve Rigby, chair at Family Business UK...

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

 

fg buy and sell
VIEW ADVERT

Coyton Barton Herd Reduction Herd

Coyton Barton Herd Reduction Herd

VIEW ADVERT
£POA
VIEW ADVERT

Greystone British Blues

Greystone British Blues

VIEW ADVERT
£POA
VIEW ADVERT

PEDIGREE HEREFORD BULLS

PEDIGREE HEREFORD BULLS

VIEW ADVERT
£POA

More on Politics

Elderly farmers who helped to rebuild Britain after WW2 'trapped' by IHT changes
Politics

Elderly farmers who helped to rebuild Britain after WW2 'trapped' by IHT changes

Is this the right way to treat a generation of farmers and business owners who fed a nation during conflict and rebuilt the country from the rubble of war?

Chris Brayford
Chris Brayford
clock 31 October 2025 • 4 min read
UFU executive vote confirms no confidence in DAERA
Politics

UFU executive vote confirms no confidence in DAERA

The Ulster Farmers’ Union said it represented a ‘deep dissatisfaction’ with the department

Alex Black
Alex Black
clock 31 October 2025 • 2 min read
OPINION: "Is the Government seriously asking farmers to cover less than 0.5% of the UK's annual debt interest bill?"
Politics

OPINION: "Is the Government seriously asking farmers to cover less than 0.5% of the UK's annual debt interest bill?"

Farmers Guardian’s Tom Ryder, hailing from a Cumbria-based family with a history in pedigree livestock breeding, reflects on how the Government’s proposed Inheritance Tax reforms risk overlooking the human realities behind the numbers

Tom Ryder
clock 30 October 2025 • 3 min read