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The son of a Barnsley Farmer - who tragically took his own life after he grew "more and more anxious about inheritance tax" - has praised the Government for stepping down from their initial proposal.

Rachel Reeves has been urged to scrap an inheritance tax raid on family firms altogether after a massive U-turn. Businesses cheered Labour’s climbdown, which will see a rise in the threshold for death ...

Rachel Reeves has eased inheritance tax on agricultural property after pressure from farmers, the Labour Party Chancellor has announced. From April, farmers and small business owners who are married, ...

£1m Agricultural and Business Property Reliefs threshold increased to £2.5m from April 2026 – allowing spouses or civil partners to pass on up to £5m in qualifying agricultural or business assets ...

Burnham-On-Sea’s MP has welcomed a government decision to raise the inheritance tax threshold for farms following months of pressure from campaigners and rural MPs. Ministers have confirmed that the ...

The Government has u-turned on plans to impose inheritance tax on farms worth upwards of £1million, raising the threshold to £2.5million instead. The change of heart, which is expected to lift most ...

Inheritance tax reliefs threshold for farm and business owners. Credit: DrNickStafford, Pixabay. The government announcement was made on December 23, following concerns raised by farming groups and ...

Caller Rob is a farmer and welcomes the government's u-turn on imposing inheritance tax for farmers. He believes that the 'backbone of British economy is small businesses', and if you want growth, ...

Have you found this content useful? Use the button above to save it to your profile. That screeching sound you hear is a tractor hitting the brakes... but not quite a U-turn. The government confirmed ...