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The Independent UK
The Independent UK
Business
Christopher McKeon

Farmers call for inheritance tax U-turn ahead of crunch talks with ministers

Farms will face inheritance tax on assets worth more than £1 million under plans unveiled in the Budget last week (Ben Birchall/PA) - (PA Archive)

Reversing plans to charge inheritance tax on farms is “the only sensible course of action”, the head of the National Farmers’ Union has said as he prepares for crunch talks with the Environment Secretary.

NFU president Tom Bradshaw is to meet Steve Reed on Monday amid a growing furore over the Chancellor’s decision to make farms subject to inheritance tax.

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