Category: farm tax
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Government backs down on family farm tax after pressure from farmers and MPs
The government has today (Tuesday 23 December) announced a significant change to its planned reforms to farm inheritance tax, raising the threshold for Agricultural and Business Property Relief from £1 million to £2.5 million ahead of its introduction in April 2026. The move follows sustained pressure from farmers, the National…
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Luke Myer MP stands up for East Cleveland farmers
Luke Myer MP has again stood up for East Cleveland’s farmers, joining dozens of Labour rural MPs in abstaining on Budget Resolution 50, following a direct request to do so from the National Farmers Union. The NFU urged MPs to abstain to send a clear message to government that its…
