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Farming Today

15/02/25 - Farming Today This Week: Inheritance Tax Special

25 min • 15 februari 2025

After a week that saw hundreds of tractors block Whitehall and a prime ministerial visit disrupted by protesting farmers, we take an in-depth look at the proposed changes around inheritance tax on farms.

From April 2026, inherited agricultural assets worth more than a million pounds will be liable to inheritance tax at 20% - half the usual rate. The Government says the tax is fair and will raise much-needed public funds. Farmers argue the move could see family farms put out of business.

Charlotte Smith is joined by a panel of guests: Aled Jones - President of NFU Cymru Emily Norton - farmer and founder of the rural business advisory service, Farm Foresight Dan Neidle - tax expert who runs Tax Policy Associates

Produced by Heather Simons

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