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Family Farm Tax Will Not Achieve Government Intentions, Says NFU

UNITED KINGDOM, JUL 22 – NFU warns inheritance tax reforms cutting relief from 100% to 50% could affect up to 75% of working farms, risking financial burdens and farm sustainability, the union said.

  • Collyer Bristow LLP filed legal action against the Chancellor and HMRC over planned reforms to reduce Agricultural and Business Property Relief from 100% to 50% starting April 1, 2026.
  • The claimants contend that the government failed to follow standard procedures by not engaging in a formal consultation with relevant parties before implementing the APR and BPR reforms.
  • The policy will affect about 520 estates, raising roughly £500 million in inheritance tax, causing particular anxiety among elderly farmers who lack insurance against liabilities.
  • NFU President Tom Bradshaw stated elderly farmers 'should not become collateral damage,' and thousands of farmers, MPs, councils, and the public have united to oppose this tax.
  • Calls for delay and proper consultation continue alongside proposals like the NFU's 'clawback' solution to protect family farms while raising revenue sustainably.
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countytimes.co.uk broke the news in on Monday, July 21, 2025.
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