JCB heir threatens to take company abroad due to IHT changes

The billion-pound company could move to the US following Labours ‘problematic’ family farm tax changes, says JCB heir

clock • 1 min read
JCB heir threatens to take company abroad due to IHT changes

Jo Bamford, son of JCB chairman Lord Bamford, said he was considering relocating to the US to avoid paying the 20pc tax on assets valued at over £2.5m. After describing the family farm tax as a...

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 Farm Business

Farmers urged to prepare for Sustainable Farming Incentive reopening in June

Farmers urged to prepare for Sustainable Farming Incentive reopening in June

Policy clarity may be slow, but farm businesses cannot afford to be, says property consultancy Carter Jonas

clock 31 May 2026 • 2 min read
Farming Minister insists farmers are 'a priority' for the Government

Farming Minister insists farmers are 'a priority' for the Government

Dame Angela Eagle acknowledges this year has been one of the 'most difficult' for agriculture

clock 30 May 2026 • 2 min read
EU SPS agreement will bring new costs and risk food security, warns trade group

EU SPS agreement will bring new costs and risk food security, warns trade group

Fresh Produce Consortium says although measures had been designed to ease certain aspects of UK-EU trade, the wider operational reality is that the burden is simply being shifted onto critical global supply routes

clock 30 May 2026 • 3 min read