Farmers march against property relief changes

Thousands of farmers gathered in Westminster on 19 November to protest against the government’s proposed changes to agricultural and business property relief in the Budget.

Ingrid McCleave partner at DMH Stallard said: ‘It is clear to see why such sudden and sharp changes to APR and BPR have angered the UK’s farming communities – many of whom feel that they will be unable to hold onto land that has been in their family for generations.’ She said the £1m cap would pose a number of complex issues for farmers including being forced to sell parts of the farm should they be unable to pay the IHT perhaps having ‘to go into partnership with their children to mitigate tax exposure and keep a hold on their farms – many of which have been passed through the family for generations’.

Matthew Yates partner and...