Cumbrian MP Who Broke Ranks on Tax Vote 'Cautiously Welcomes' Government Announcement

Cumbrian MP who broke ranks on tax vote 'cautiously welcomes' government announcement

A CUMBRIAN MP who had the whip removed for voting against Labour's controversial inheritance tax reforms has spoken out on changes that have been…

MPs welcome government inheritance tax changes affecting farms

A group of Cornwall’s Labour MPs have welcomed newly announced government changes to inheritance tax rules affecting farms and small rural…

Government Finally Listens To Farmers Arguments - What are the changes to agricultural property relief?

Reforms announced at Autumn Budget 2024 will help raise money to fix the public finances while protecting small family farms from unfairly high inheritance tax. What are the changes to agricultural property relief? Agricultural property relief and business property relief will be reformed from 6 April 2026.

Local MPs welcome inheritance tax U-turn on farm assets

Local Members of Parliament have welcomed UK Government changes to inheritance tax rules for agricultural assets, saying the move will bring significant relief to many family farms. The UK Government has confirmed the inheritance tax threshold for agricultural and business property will rise from £1 million to £2.5 million from April 2026, reducing the number […]

MP welcomes change to inheritance tax threshold for farmers

A GOVERNMENT decision announced today (Tuesday), changing the inheritance tax threshold for farmers from £1m to £2.5m, has been welcomed by MP Esther McVey. But the Tatton MP who represents Lymm in Warrington, says it still doesn’t go far enough. Responding Ms McVey said: “I am pleased the Government has finally acknowledged, after months and months of campaigning, that this policy is a disaster, but it seems the only thing now getting in the wa…

Cornwall MPs hail increased inheritance tax relief for farmers

The government announced that it would be increasing the allowance for the 100 per cent rate of relief on inheritance tax