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Tension, temper and disappointment ‘so tangible’ amongst farmers after Budget– NFU


The head of state of the National Farmers’ Union (NFU) has actually stated he is “absolutely baffled” at the Government’s choice to “double down” on estate tax on ranches.

Tom Bradshaw, that is conference Environment Secretary Steve Reed on Monday, stated the present strategies to alter farming home alleviation (APR) and company home alleviation (BPR) “need to be overturned and fast”.

Speaking to the information firm, Mr Bradshaw mentioned “the tension, the anger, the frustration” amongst farming neighborhoods.

But Mr Reed stated that the strategies laid out in Wednesday’s Budget are a “fair and balanced approach that protects family farms while also fixing the public services those same families rely on”.

According to Budget documents, from April 2026 farmers will certainly have the ability to declare a 100% remedy for estate tax on the very first ₤ 1 countless consolidated farming and company possessions, being up to 50% past that.

The Government is “restricting the generosity of agricultural relief” to make the estate tax system “fairer”.

Writing for The Daily Telegraph on Friday, Mr Reed stated: “I completely understand farmers’ anxiety at any changes. But rural communities need a better NHS, affordable housing and public transport we can provide if we make the system fairer.

“That is why the Labour Government has announced plans to reform agricultural property relief.

“Only the richest estates will be asked to pay, not small, family farms as some misleading headlines have claimed.

“Look at the detail and you’ll see that the vast majority of farmers will not be affected at all.

“They will be able to pass the family farm down to their children just as previous generations have always done.”



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