Don't change inheritance tax relief for working farms
We think that changing inheritance tax relief for agricultural land will devastate farms nationwide, forcing families to sell land and assets just to stay on their property. We urge the government to keep the current exemptions for working farms.
Signatures
154,006
signatures
Government response threshold (10,000) · 10,000/10,000 · reached
Debate threshold (100,000) · 100,000/100,000 · reached
- 13 MAY 2025Petition closedFinal total: 154,006 signatures
- 05 DEC 2024Government respondedHM TreasuryGovernment reply
The Government’s commitment to farmers is steadfast. There is also an urgent need to repair the public finances in as fair a way as possible. The reform of the reliefs strikes the right balance.
Read full response - 25 NOV 2024100,000 signatures reachedEligible to be considered for debate
- 20 NOV 202410,000 signatures reachedEligible for a government response
- 13 NOV 2024Petition opened for signatures
Background
We feel that passing farms through generations is essential to UK farming. Until now, inheritance tax exemptions have made this possible by allowing farmland to pass without taxation. We think that changes to inheritance tax will harm UK farming deeply, with some farmers predicting their families will be forced out within two generations.
We think the government is framing the policy around the targeting of rich landowners, but we believe this policy will affect farming families of all sizes.