Inheritance tax bills could wipe out farmers’ profits, expert warns
12th November 2024
Changes to the inheritance tax announced by chancellor Rachel Reeves could place “an overwhelming financial burden” on UK family farms, according to the Country Land and Business Association (CLA).
“We don’t need small farmers”, says former Labour adviser
12th November 2024
John McTernan said that the UK “does not need small farmers” while defending the chancellor’s decision to reduce inheritance tax reliefs.
What does the Budget really mean for farming?
11th November 2024
With much speculation about the recent Budget online, and significant anxiety among farmers, we take a detailed look at the implications of everything the chancellor said about farming.
Jeremy Clarkson will rally with other farmers on 19th November
11th November 2024
Jeremy Clarkson will join other farmers at the rally in London on 19th November to protest against changes to the inheritance tax.
Jeremy Clarkson disappointed with NFU as he abandons plans to rally in London
8th November 2024
Jeremy Clarkson has shared his dissatisfaction with NFU’s plea for farmers not to go to London on 19th November, as he was planning to attend the farmers’ demonstration.
“It’s a smokescreen”: Farmers’ reactions to the Budget
8th November 2024
As the chancellor’s recent Autumn Budget continues to rock the industry, we take a look at farmers’ reactions and opinions on the news.
NFU issues plea to farmers who are not registered for mass lobby: ‘Don’t travel to London’
7th November 2024
“We can’t simply turn up in numbers in Westminster on the streets. If you’re not registered on the event, please don’t travel to London,” said NFU in the letter to its members explaining that only 1,800 farmers should take part in the mass lobby.
Cross-party MPs slam “betrayal” of farmers in Budget
7th November 2024
A debate in the House of Commons has seen dozens of MPs from across the country share stories of “devastation” from farmers in their constituencies.
“Stealth tax” on pickup trucks buried in Autumn Budget
6th November 2024
Chancellor Rachel Reeves will reclassify double-cab pickup trucks as company cars for tax purposes from April 2025.
NFU meets with Defra and Treasury to discuss miscalculation of Inheritance Tax impact
4th November 2024
“The only sensible course of action is for the Treasury to reverse this decision,” said the NFU president following the meeting with Defra secretary of state and Treasury officials to stress the significant impact changes to Inheritance Tax (IHT) would have on British food and farming.
Petition to stop inheritance tax changes reaches over 125k signatures in two days
4th November 2024
More than 125,000 people signed a petition to stop the government’s changes to inheritance tax relief on farm property that were announced during Autumn Budget last week.
Steve Reed claims small family farmers “won’t be affected” by IHT changes
4th November 2024
The Defra secretary of state has claimed headlines over the changes to IHT are “misleading” following major backlash.