草榴社区

James Austen - partner at Collyer Bristow on inheritance tax: "Handing down farms intact to the next generation will become impossible"

Law firm Collyer Bristow has provided an analysis of what could happen to farm businesses if tax relief measure are withdrawn

Chris Brayford
clock 鈥� 5 min read
"Farming families will either end up leaving the land entirely, or selling much of their holding to pay tax."
Image:

"Farming families will either end up leaving the land entirely, or selling much of their holding to pay tax."

Currently, farmers and landowners, in common with other business owners, benefit from generous tax regimes which, broadly speaking, enable them to pass down family-owned businesses to their heirs, or trusts...

To continue reading...

Already a member? Login for full access.

New to 草榴社区 Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358
Join Now

 

NEW HOLLAND T4.75

拢笔翱础

CASEIH FARMALL 55A

拢笔翱础

2023 Valtra N155A

拢笔翱础

More on Politics

Labour Party Conference gives hope for change, says NFU president
Politics

Labour Party Conference gives hope for change, says NFU president

A discussion panel with Labour Coast and Country MPs and NFU president addressed food resilience and food strategy

Mia Willemsen
clock 30 September 2025 鈥� 3 min read
Labour Party Conference: '草榴社区 do not want to have to diversify to support food production', says NFU president
Politics

Labour Party Conference: '草榴社区 do not want to have to diversify to support food production', says NFU president

Labour Coast and Country MP says diversification is key for how family farms fit into the future

Mia Willemsen
clock 30 September 2025 鈥� 2 min read
Sir Keir Starmer denies Inheritance Tax avoidance claims on parents' donkey field
Politics

Sir Keir Starmer denies Inheritance Tax avoidance claims on parents' donkey field

Tax Policy Associates' Dan Neidle said Sir Keir had bought a seven acre field in Surrey for his parents to look after rescued donkeys in 1996. Mr Neidle said the field was likely placed in a life-interest trust, and the nature of the tax planning structure had the effect of keeping the field outside his parents鈥� estate for Inheritance Tax purposes

Chris Brayford
Chris Brayford
clock 30 September 2025 鈥� 5 min read