Overview
- The proposed removal of Agricultural Property Relief (APR) could force many UK farmers to sell land to cover inheritance tax bills.
- Wealthy landowners often use trusts to shield estates from taxes, leaving smaller farms more vulnerable to the proposed changes.
- Critics argue that the reforms could disrupt food production and jeopardize the UK's food security.
- The National Farmers Union warns that mishandling the policy could severely impact rural communities and farming businesses.
- A significant increase in farmland sales has been observed as landowners anticipate potential tax changes.