Lawyers warn farmers: Labour’s U-turn on IHT threshold “not an all-clear”

cityam12-24

Farmers protesting. Photo by Andrew Aitchison / In pictures via Getty Images Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families ...

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Photo by Andrew Aitchison / In pictures via Getty Images Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families ...</p>\n\n<a href=\"https://www.cityam.com/lawyers-warn-farmers-labours-u-turn-on-iht-threshold-not-an-all-clear/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lawyers warn farmers: Labour’s U-turn on IHT threshold “not an all-clear”</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLawyers warn farmers: Labour’s U-turn on IHT threshold “not an all-clear”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-24 18:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/lawyers-warn-farmers-labours-u-turn-on-iht-threshold-not-an-all-clear/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Farmers protesting. Photo by Andrew Aitchison / In pictures via Getty Images Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families ...</p>\n\n<a href=\"https://www.cityam.com/lawyers-warn-farmers-labours-u-turn-on-iht-threshold-not-an-all-clear/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4181","symbol_name":"酒店及度假村房地产投资信托","start_time":0,"source_url":"https://www.cityam.com/lawyers-warn-farmers-labours-u-turn-on-iht-threshold-not-an-all-clear/","article_id":"2593476062","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/12/Farmers-e1766572493963.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/lawyers-warn-farmers-labours-u-turn-on-iht-threshold-not-an-all-clear/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2593476062","pubTimestamp":1766572705,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Farmers protesting. Photo by Andrew Aitchison / In pictures via Getty Images Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families may still be impacted, and significant tax burdens may remain for some estates.In a whiplash U-turn, the Labour government revealed on Tuesday that, after a year of backlash from rural communities, it would increase the Agricultural and Business Property Reliefs threshold to 2.5m from 1m in April 2026. As a result, this will allow spouses or civil partners to pass on estates of up to 5m without paying inheritance tax on top of existing allowances.The government said it had “carefully considered” feedback and was “going further to protect more farms and businesses”.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4181":"酒店及度假村房地产投资信托","IHT":"InnSuites Hospitality Trust","BK4218":"酒店及度假村房地产信托"},"translate_title":"律师警告农民：工党在个人所得税门槛上的180度大转弯“并非万无一失”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IHT":1.5},"content_text":"Farmers protesting. Photo by Andrew Aitchison / In pictures via Getty Images Lawyers warned that, despite Labour’s U-turn on the inheritance tax relief threshold for farms, many agricultural families may still be impacted, and significant tax burdens may remain for some estates.In a whiplash U-turn, the Labour government revealed on Tuesday that, after a year of backlash from rural communities, it would increase the Agricultural and Business Property Reliefs threshold to £2.5m from £1m in April 2026. As a result, this will allow spouses or civil partners to pass on estates of up to £5m without paying inheritance tax on top of existing allowances.The government said it had “carefully considered” feedback and was “going further to protect more farms and businesses”.\n\nThe reforms around Agricultural Property Relief (APR) were introduced in Chancellor Rachel Reeves’ first Autumn Budget. There was a sigh of relief from the farming community, which has lobbied the government and has undertaken many protests in the capital.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTom Bradshaw, the NFU president, said the announcement was a “huge relief to many”.Farmers need to prepare for potential liabilitiesHowever, lawyers have warned that despite the softening of its proposed reform, many of these family businesses will still face a significant additional tax burden.Clive Pointon, head of wills, trusts and tax at law firm Aaron & Partners, stated this move by the government “should not be seen as an all-clear”.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2593476062","isCrawlerRequest":true}