'Protest pressure has worked on Inheritance Tax' - FFA
Farmers For Action say “protest pressure has worked” after the threshold for inheritance tax relief was raised by the Labour Government to £2.5m for farmers and businesses, just on the mouth of Christmas.
April 2026 sees the threshold increased from £1million to £2.5million and allowing spouses or civil partners to pass on up to £5million in qualifying agricultural or business assets between them.
William Taylor, FFA, stated: “Protest Pressure obviously works, however, FFA while welcoming the 150% increase announcement, will reserve judgement until the full outworkings of the move are known.”
Sean McAuley, FFA, commented: “Farming families across the UK are indebted to all those farming families and farm organisations who worked 24/7 to drive their tractors to London and other venues, time after time to protest in the last 12 months, prepare banners, press releases and took time out of their busy work schedules to prioritise the removal of the dastardly inheritance tax.”
FFA said they will comment further in the new year, meanwhile, it makes for a brighter Christmas for many family farms across the UK.