²ÝÁñÉçÇø

Treasury Minister aware of need to 'amend' tax legislation for tenants on APR reform

Scottish MPs told James Murray, Exchequer Secretary to the Treasury, his Government needs to amend section 177 of the Inheritance Tax Act 1984 to ensure Scottish tenant farmers are excluded from reforms to Agricultural Property Relief

clock • 3 min read
Wendy Chamberlain, North East Fife MP, said: "²ÝÁñÉçÇø face unprecedented pressures, from increased fuel costs, fertiliser costs, feed costs and increasingly unpredictable weather. The last thing we should be doing is making farming harder, it is the epitome of biting the hand that feeds us all."
Image:

Wendy Chamberlain, North East Fife MP, said: "²ÝÁñÉçÇø face unprecedented pressures, from increased fuel costs, fertiliser costs, feed costs and increasingly unpredictable weather. The last thing we should be doing is making farming harder, it is the epitome of biting the hand that feeds us all."

Scottish tenant farmers could face the prospect of being caught up in Chancellor Rachel Reeves' reforms to Agricultural Property Relief (APR) and Inheritance Tax should legislation not be amended or implemented...

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

 

BNG National Habitat Bank Creation & Unit

£±Ê°¿´¡

FARM LOANS & RE-MORTGAGES

£±Ê°¿´¡

Outdoor Beef Finishing Coral System, available

£±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