In his Christmas and New Year message, NFU Cymru President Aled Jones focusses on some of the key issues that NFU Cymru has dealt with over the past 12 months, whilst looking forward to what will be a seismic year for politics in Wales with the country going to the polls in early May

“2025 has closed with a sense of relief for many family farms across Wales as the UK government announced a significant change to Agricultural Property Relief and Business Property Relief, raising the threshold from £1m to £2.5m.This change alongside the announcement by the Chancellor in last month’s budget to allow spousal transfer will mean that for many up to £5m in qualifying agricultural or business assets will be able to be passed on to the next generation before paying inheritance tax.

“Over the last 14 months, NFU Cymru has been tireless in its efforts to amend the original proposals, with a consistent drumbeat of high-profile campaigning, from delivering a petition with over 270,000 signatures to No 10 Downing Street to the ‘NO IHT’ mosaic display message on the eve of the Autumn Budget at this year’s Winter Fair.

“The UK Government’s announcement........

© Shropshire Star