²ÝÁñÉçÇø

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Law firm Collyer Bristow has provided an analysis of what could happen to farm businesses if tax relief measure are withdrawn

clock • 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 ²ÝÁñÉçÇø Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358

 

2022, Puma 165

£±Ê°¿´¡

NEW MAXXUM 125

£±Ê°¿´¡

2018, CASEIH QUADTRAC 580

£±Ê°¿´¡

More on Politics

100 days of Trump: what has his presidency meant for farming?

100 days of Trump: what has his presidency meant for farming?

April 30 marks 100 days since President Trump's inaugeration with his presidency causing ripples for agriculture in the US, UK and around the globe

clock 28 April 2025 • 3 min read
British farmers have 'nothing to fear' over potential US-UK chlorine chicken deal, Nigel Farage says

British farmers have 'nothing to fear' over potential US-UK chlorine chicken deal, Nigel Farage says

Mr Farage said he wants to promote British farming as a 'high-end product', but he has continued to advocate for a trade deal with US President Donald Trump involving imports of lower welfare farming

clock 26 April 2025 • 4 min read
NFUS urges Chancellor to pause IHT changes until profitability review is complete

NFUS urges Chancellor to pause IHT changes until profitability review is complete

President welcomes Baroness Minette Batters' appointment but says Budget plans 'undermine its credibility'

clock 26 April 2025 • 2 min read