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Farming leaders want damaging 'family farm tax' to be axed in autumn Budget

29 0
23.10.2026

Labour's previous chancellor Rachel Reeves sparked outrage across the countryside two years ago by announcing controversial plans to scrap inheritance tax relief for farms valued over £1m.

After months of angry protests and campaigns - including this newspaper's Fair Deal for Farmers campaign - those proposals were watered down at the end of last year, when the threshold was raised to £2.5m to limit the impact on smaller farms.

But farming leaders argue this is still not enough to prevent many struggling family businesses being hit with crippling tax bills when handing land down to the next generation.

They are urging prime minister Andy Burnham and chancellor John Healey to scrap the tax changes at the........

© Norwich Evening News