Listing: Blog
Industry leaders have welcomed the surprise government announcement that, following concerted lobbying and campaigning, the inheritance tax threshold for farmers will be raised to £2.5m when…
The UK pig breeding herd declined by 3.2% to 316,000 head in the year to June 2025, the lowest figure on record, according to newly-released Defra…
The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax for farmers operating as sole traders for an extra year before they…
Listing: Timeline
Listing: Classic
NFU welcomes surprise government u-turn on inheritance tax
0Industry leaders have welcomed the surprise government announcement that, following concerted lobbying and campaigning, the inheritance tax threshold for farmers will be raised to £2.5m when it is introduced in April 2026. The government said it has listened to concerns of the farming community and businesses about the reforms and, having carefully considered this feedback, is ‘going further to protect more farms and businesses, while maintaining the core principle that the most valuable agricultural and business assets should not receive unlimited relief’. The change will be introduced to the Finance Bill in January and will apply from 6 April. The…