Farmers vow to continue fight against inheritance tax changes

1 min read
Source: BBC
Farmers vow to continue fight against inheritance tax changes
Photo: BBC
TL;DR Summary

The UK government has announced that there will be no further changes to the farm inheritance tax proposals, following protests and a significant increase in the tax threshold to £2.5 million, aiming to support smaller farms while maintaining environmental scheme reforms. The government also pledged stability for environmental payments like the Sustainable Farming Incentive, with plans to simplify and expand the scheme, emphasizing the importance of environmental and economic sustainability in farming.

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