Inheritance tax in the farming sector

The ongoing row over inheritance tax in the farming sector is heating up. With the proposed changes to Agricultural Property Relief (APR), farmers face a potential 20% inheritance tax on agricultural assets exceeding £1 million. This could have a significant impact on family farms, with many fearing they may be forced to sell land to cover the tax bill. While the government argues the policy is necessary for funding public services, many in the farming community see it as a direct threat to their livelihoods and the future of UK agriculture.

Check out the latest analysis on the issue in Farmers Weekly:https://heyor.ca/RWaxSu

#FarmingTax #AgriculturalPolicy #InheritanceTax #UKFarming #FarmingCommunity​