Reverse the Government's recent changes to inheritance tax on British farmers.
We are calling on the Government to reverse their proposed reforms to agricultural property relief (APR) and business property relief (BPR) for British farmers. Despite British farming already being in decline, this tax hike will devastate our rural community and lead to closures of British farms.
Signatures
10
signatures
Government response threshold (10,000) · 10/10,000
Debate threshold (100,000) · 10/100,000
- 25 NOV 2024Petition rejectedduplicate
You may wish to sign this petition which calls for the same action: https://petition.parliament.uk/petitions/700138
- 07 NOV 2024Petition created
Background
In the recent Budget, Rachel Reeves announced that from 6 April 2026, the full 100% relief from inheritance tax will be restricted to the first £1 million of combined agricultural and business property. Contrary to Rachel Reeves claim that this decision will only impact "one in four family farms", this Budget decision will needlessly decimate the economic prosperity of the overwhelming majority of British farmers, whilst preventing farming families to succeed their land to future generations.