Inheritance tax special - what Christmas climbdown means for your farm business

In this special episode, we examine what the government's partial U-turn on inheritance tax means for your farm business. It follows the Treasury decision to water down plans to impose 20% inheritance tax on farm assets worth more than £1m. In a major concession the government has announced that it is increasing the threshold for inheritance tax on farm assets from £1m to £2.5m. We look at how the decision came about, what it means for family farms and where the sector goes from here. With special guests: NFU president Tom Bradshaw; Country Land & Business Association external affairs director Jonathan Roberts; and Sam Kirkham, partner at accountants Albert Goodman. This episode of the Farmers Weekly Podcast is co-hosted by Johann Tasker, Louise Impey and Hugh Broom. Edited and produced by Johann Tasker. Contact or follow Johann: linkedin.com/in/johanntasker/ Contact or follow Louise: linkedin.com/in/louise-impey-95470b20b/ Contact or follow Hugh: linkedin.com/in/hugh-broom-9b11906a/ For Farmers Weekly, visit fwi.co.uk or follow linkedin.com/company/farmers-weekly To contact the Farmers Weekly Podcast, email [email protected]. In the UK, you can also text the word FARM followed by your message to 88 44 0.See omnystudio.com/listener for privacy information.