²ÝÁñÉçÇø

JCB heir threatens to take company abroad due to IHT changes

The billion-pound company could move to the US following Labours ‘problematic’ family farm tax changes, says JCB heir

Mia Willemsen
News and business reporter
clock • 1 min read
JCB heir threatens to take company abroad due to IHT changes

Jo Bamford, son of JCB chairman Lord Bamford, said he was considering relocating to the US to avoid paying the 20pc tax on assets valued at over £2.5m. After describing the family farm tax as a...

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

More on Farm Business

Over 60% of Emergency Heating Oil Scheme requests rejected

Over 60% of Emergency Heating Oil Scheme requests rejected

Scottish Conservative MSP Tim Eagle said the application process had been ‘scandalous’

Alex Black
clock 25 July 2026 • 3 min read

Wales's food and drink sector to benefit from Supplier Development Programme

The initiative, launched by Asda and Food and Drink Wales, will equip suppliers across the country with new skills to allow them to grow their businesses

Mia Willemsen
clock 25 July 2026 • 2 min read
EXCLUSIVE: 'I want to be a champion for the farming sector' – First Minister Rhun ap Iorwerth on his rural reset for Wales

EXCLUSIVE: 'I want to be a champion for the farming sector' – First Minister Rhun ap Iorwerth on his rural reset for Wales

In his first sit-down interview since taking office, Wales' First Minister tells ²ÝÁñÉçÇø Guardian why he wants to shed the sense that farmers have things ‘done to them’, and what comes next for the Sustainable Farming Scheme

Olivia Midgley
clock 21 July 2026 • 5 min read