Record number of farm businesses close following IHT proposal

New report shows UK’s farming industry continues to contract at an alarming rate following last year's Budget

clock • 2 min read
Farmland is being lost at an 'alarming' rate, says new survey
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Farmland is being lost at an 'alarming' rate, says new survey

More than 6,000 agricultural businesses have ceased trading since Inheritance Tax (IHT) reforms were announced in October 2024, a new report has claimed. The study published by Cynergy Bank said the...

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