Labour's Proposed Tax Changes Threaten Future of UK Farms

Chancellor Rachel Reeves considers reforms to inheritance tax reliefs, sparking fears of financial strain on smaller farms.

The proposed removal of Agricultural Property Relief (APR) could force many UK farmers to sell land to cover inheritance tax bills.
Wealthy landowners often use trusts to shield estates from taxes, leaving smaller farms more vulnerable to the proposed changes.
Critics argue that the reforms could disrupt food production and jeopardize the UK's food security.
The National Farmers Union warns that mishandling the policy could severely impact rural communities and farming businesses.
A significant increase in farmland sales has been observed as landowners anticipate potential tax changes.