Ministers have been speaking to farming activists to try to build bridges after relations were soured by the tax changes introduced under Keir Stamer As an arable farmer, Olly Harrison’s WhatsApp messages are normally concerned...
Read More‘Radical’ report likely to influence party’s platform also proposes abolishing inheritance and capital gains taxesA thinktank linked to Reform UK has called for the abolition of the state pension and £75bn worth of sweeping tax...
Read MorePM’s spokesperson says those whose only income is the state pension should not pay income tax in this parliament despite the expected rise to £13,000The Liberal Democrats have said that they will try to introduce a cap on the...
Read MoreAttempt to turn a stretch of the English-Scottish border into a commercial forest exposes threat to habitats from wealthy investorsOn the English-Scottish border a small species of butterfly, the northern brown argus, has fended...
Read MoreLevy on inherited farms and family businesses worth £2.5m or more comes into force 6 AprilA new inheritance tax regime for UK farms and family businesses comes into force on Monday and will present “significant challenges” for...
Read MoreU-turn lifts limit from £1m to £2.5m after protests and warnings that family farms were at riskMinisters will increase the threshold for taxing inherited farmland from £1m to £2.5m after months of pressure from campaigners and...
Read MorePrevious policy would have led to inheritance tax being levied on farms valued at over £1mAnnouncing the inheritance tax change (or U-turn – although she is not calling it that), Emma Reynolds, the environment secretary,...
Read MoreTreasury says concession could be worth £30m next year and then £70m annually until 2030Rachel Reeves has eased inheritance tax on agricultural property after pressure from farmers.As the chancellor made her budget speech on...
Read MoreNFU welcomes fresh evidence from tax researchers that planned changes may not target wealthiest landownersThe National Farmers’ Union (NFU) has called for a meeting with Rachel Reeves to discuss changes to Labour’s inheritance...
Read MoreHMRC figures appear to indicate departure of high net worth people is in line with OBR predictions, report saysClaims of an exodus of wealthy “non-doms” in response to tax rises may be overblown, according to a report that...
Read MoreExclusive: Chancellor also looking at tweaks to capital gains tax to try to bridge £40bn-plus spending gap before budgetThe Treasury is looking at ways to raise more money from inheritance tax amid growing pressure on the...
Read MoreReports say wealthy elite are leaving over tax changes – prompting a possible rethink by Rachel Reeves – but hard data is tricky to findIn Chester Square, the exclusive London address that was once home to Margaret Thatcher,...
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