²ÝÁñÉçÇø

Raising Inheritance Tax threshold could 'save' British farming

Could British farming be saved if Chancellor Rachel Reeves raised the Inheritance Tax threshold to £5 million?

Chris Brayford
clock • 2 min read
Jim Shannon, MP for Strangford, said: "We need the Minister (Daniel Zeichner) to stand up for farming; we all look to him to do that. Go to the Chancellor, tell her what we need—to increase the threshold from £1 million to £5 million—and things will be better."
Image:

Jim Shannon, MP for Strangford, said: "We need the Minister (Daniel Zeichner) to stand up for farming; we all look to him to do that. Go to the Chancellor, tell her what we need—to increase the threshold from £1 million to £5 million—and things will be better."

Farming Minister Daniel Zeichner has been urged to fight for farmers in helping to increase the proposed Inheritance Tax threshold in order to 'save' British farming. Jim Shannon, MP for Strangford,...

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

Ìý

2019 AMAZONE 3M COMBINATION

£±Ê°¿´¡

Logic MFT120 trailed flail topper

£±Ê°¿´¡

Quivogne APX TL Trailed Disc Harrow.

£±Ê°¿´¡

More on Politics

NFU president calls for unity from Council members on IHT approach

NFU president calls for unity from Council members on IHT approach

Speaking at NFU Council, Tom Bradshaw said there must be 'no more sniping from the sidelines'

clock 04 November 2025 • 3 min read
Treasury considered IHT rethink for small family farms, FOI reveals

Treasury considered IHT rethink for small family farms, FOI reveals

Government ministers have considered the prospect of altering its current Inheritance Tax proposals, according to the FOI, despite publicly saying that the policy has been 'set in stone' since the last Autumn Budget

Chris Brayford
clock 04 November 2025 • 4 min read
'More chance of scoring a century in the Ashes' - Shadow Defra Secretary dismisses Reform defection odds

'More chance of scoring a century in the Ashes' - Shadow Defra Secretary dismisses Reform defection odds

Latest odds suggest Louth and Horncastle MP Victoria Atkins could be the next Shadow Secretary of State to desert the Tories for Reform

Chris Brayford
clock 04 November 2025 • 2 min read