Íæż½ã½ã

Treasury Minister aware of need to 'amend' tax legislation for tenants on APR reform

Scottish MPs told James Murray, Exchequer Secretary to the Treasury, his Government needs to amend section 177 of the Inheritance Tax Act 1984 to ensure Scottish tenant farmers are excluded from reforms to Agricultural Property Relief

clock • 2 min read
Wendy Chamberlain, North East Fife MP, said: "Íæż½ã½ã face unprecedented pressures, from increased fuel costs, fertiliser costs, feed costs and increasingly unpredictable weather. The last thing we should be doing is making farming harder, it is the epitome of biting the hand that feeds us all."
Image:

Wendy Chamberlain, North East Fife MP, said: "Íæż½ã½ã face unprecedented pressures, from increased fuel costs, fertiliser costs, feed costs and increasingly unpredictable weather. The last thing we should be doing is making farming harder, it is the epitome of biting the hand that feeds us all."

Scottish tenant farmers could face the prospect of being caught up in Chancellor Rachel Reeves' reforms to Agricultural Property Relief (APR) and Inheritance Tax should amendments not be made. North...

To continue reading this article...

Join Íæż½ã½ã

  • Íæż½ã½ã is the ultimate resource for farmers, providing unparalleled coverage of the key issues and trends affecting the agricultural industry.
  • Real-Time Updates: Get the latest news and analysis on what's happening in the agricultural sector right now. From market trends to technological advancements.
  • Expert Insights for Smart Decision Making: We provide in-depth articles and features designed to help you navigate the ever-changing agricultural landscape. From crop management techniques to livestock breeding strategies, our goal is to arm you with the tools you need for profitable farming.
  • Join the Íæż½ã½ã community today and unlock a world of knowledge and opportunities for your agricultural business. We are dedicated to supporting farmers like you, and our mission is to empower you with the information and resources needed to thrive.

Register now Become a member

 

Already a member?

Login

FARM LOANS & RE-MORTGAGES

£±Ê°¿´¡

BNG National Habitat Bank Creation & Unit

£±Ê°¿´¡

Commercial Secured Bridging Loans for Business

£±Ê°¿´¡

More on Politics

Inheritance Tax: NHS, profitability and protests - what farmers need to know from the last few weeks

Inheritance Tax: NHS, profitability and protests - what farmers need to know from the last few weeks

clock 08 March 2025 • 2 min read
Andrew RT Davies: "The rural industry has refused to roll over and become a casualty in Labour's class war"

Andrew RT Davies: "The rural industry has refused to roll over and become a casualty in Labour's class war"

Mr Davies, a farmer and former leader of the Welsh Conservatives, writes about why Labour introduced Inheritance Tax changes on farmers, the strength and togetherness of the community in standing up to the changes, and why it needs to be reversed

clock 07 March 2025 • 3 min read
Treasury Minister aware of need to 'amend' tax legislation for tenants on APR reform

Treasury Minister aware of need to 'amend' tax legislation for tenants on APR reform

Scottish MPs told James Murray, Exchequer Secretary to the Treasury, his Government needs to amend section 177 of the Inheritance Tax Act 1984 to ensure Scottish tenant farmers are excluded from reforms to Agricultural Property Relief

clock 07 March 2025 • 2 min read