Farmers' groups clash with Treasury over inheritance tax reform

Industry leaders express frustration as Treasury officials reject proposals

Sahar Nazir
clock • 2 min read

Industry groups, including representatives from the National Farmers’ Union (NFU), Country Land and Business Association (CLA), Tenant Farmers Association (TFA), and the Central Association for Agricultural Valuers (CAAV), met with Treasury officials on Tuesday (18 February) to discuss potential changes to inheritance tax (IHT).

However, industry leaders emerged from the discussions expressing frustration at what they described as a lack of willingness from the government to reconsider its stance, Farmers Guardian reported. Following the meeting, NFU President Tom Bradshaw voiced his disappointment, stating that the Treasury remains unwavering in its position. "Today's meeting was deeply frustrating. The government is convinced it has made the right decisions and insists that the exemptions currently in place are generous. The door is firmly shut on any further discussion," he said. CLA President Victoria Vyv...

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