Family Farms

With the family farm tax hanging over the agricultural industry and the policy continuing to dominate headlines, Jeremy Moody answers readers' questions on inheritance planning

Gov has described changes to Inheritance Tax and Agricultural Property Relief as 'generous' compared to reliefs in 1992

In today's Farming in Five, chief reporter Rachael Brown reflects on this week's main news stories including mounting pressure on the Chancellor Rachel Reeves, with 40 Labour MPs calling for changes to the current family farm tax proposals. She also looks ahead to next week, with a special 'Ask the Expert' feature coming up in Farmers Guardian online and in print, where a panel of experts will be answering our readers' questions around the fallout of Inheritance Tax and how to best prepare your family farm business

Plaid Cymru's Shadow Minister for Rural Affairs Llyr Gruffydd, who is leading the debate said the IHT policy was ‘unforgiveable and utterly counter-productive' at a time when food security must be strengthened not undermined

Efra chair Alistair Carmichael said the Defra Secretary and the Farming Minister should be the ‘voice of farmers within Government but they are clearly not being listened to' over the family farm tax

When asked what political barriers there were to the Treasury adopting the clawback solution put to Treasury officials last week, Mr Bradshaw said the Government was looking for an ‘economic moment', referencing the Autumn Budget later this year

NFU president Tom Bradshaw to say there is ‘so much more to do' and there is still time for this Government to 'reset its relationship with farming and rural Britain'

In today's Farming in Five, chief reporter Rachael Brown gives a round up of the latest updates from Treasury and farming leaders on the family farm tax. She looks ahead to the NFU conference next week where the Defra Secretary will give a speech to farmers, but the Prime Minister is not expected to attend

NFU president Tom Bradshaw said the Government believed it was 'right' and that the proposals were 'fair', with the farming industry offered ‘generous' exemptions

All four UK farming unions and member organisations from across the sector are due to meet with Treasury officials on February 18 to discuss the Government's proposed changes to Inheritance Tax