Government Announces Major U-Turn On Farmers Inheritance Tax

Contributing sentiments towards policy:

53% : She has played a key role underlining the human impact of this tax.
50% : Under the changes, the government will also allow spouses and civil partners to pass on estates and agricultural assets worth up to £5m before paying tax.
48% : The Department for the Environment, Food and Rural Affairs (DEFRA) announced on Tuesday that it was raising the threshold at which farming estates will be affected by inheritance tax from April 2026, from £1m to £2.5m. As a result, the number of estates that are expected to be affected by the reforms has fallen from 375 to 185, the department said.
46% : We are increasing the individual threshold from £1m to £2.5m, which means couples with estates of up to 5m will now pay no inheritance tax on their estates.
45% : Tim Farron, the Liberal Democrat environment spokesperson, welcomed the "hard-won" concession but said the planned inheritance tax should be ditched in full.
40% : The Labour government has announced a significant climbdown on its policy of inheritance tax for farmers following a major backlash.

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