Autumn Budget

The Labour Party Conference will be held in Liverpool from September 28 to October 1

President Trump said he 'abolished' taxation on agricultural business and property in the US because he understood the impact it had on generational family farming, with closures also having an impact on farmers' mental health

The Government published draft Inheritance Tax legislation this week. Law firm Birketts digests the major takeaways

The employee had reportedly liked a LinkedIn post from an HMRC analyst who was 'proud' to have been recognised by Government for his work which could reform Inheritance Tax in agriculture

The farming sector has warned it now faces an uphill battle for survival

South Devon MP Caroline Voaden said 85% of farmers in her constituency have told her that they could be affected by IHT changes, with average tax bills starting at £637,000

Will MPs stand up for farmers before legislation receives Royal Assent?

While farming families have had to struggle for months with the consequences of impending taxation reforms, HMRC has praised the role of an analyst who helped ministers bring forward the proposed legislation

Law firm Wedlake Bell said Inheritance Tax changes could also penalise vulnerable families and those without the means to undertake complex estate planning

Knight Frank said it is 'disheartening' that APR and BPR, which were Labour-originated reliefs introduced during periods of national economic stress to help family businesses, could now be taken away from farmers