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Farmers Condemn Government's Refusal to Revise Inheritance Tax Policy

Farming groups warn of severe financial and social impacts from the upcoming 20% inheritance tax on farms valued over £1 million.

  • The UK government confirmed it will not alter its planned 20% inheritance tax on farms worth more than £1 million, set to take effect in 2026.
  • Farmers' representatives proposed taxing inherited farms only upon their sale to ease financial burdens, but this was rejected by ministers.
  • Critics argue the tax will dismantle family farms, harm food security, and exacerbate mental health challenges among older farmers.
  • The National Farmers Union (NFU) and other rural groups have organized protests, including tractor blockades, to oppose the policy.
  • Government officials defend the tax as a fair reform, claiming it will impact only a minority of estates and allow payments to be spread over ten years interest-free.
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