Petition
Axe the family farm tax (inheritance tax)
Rejected
21 signatures
What the petition asks
The UK Government’s Budget on October 30 announced changes to Agricultural Property Relief (APR) and Business Property Relief (BPR).
Chancellor Rachel Reeves announced that from April 2026 combined business and agricultural assets worth more than £1m will have an inheritance tax at 20%.
Chancellor Rachel Reeves announced that from April 2026 combined business and agricultural assets worth more than £1m will have an inheritance tax at 20%.
If this inheritance tax change goes ahead, it will create financial jeopardy to many farming families who are already at breaking point financially.
The new inheritance tax threshold will put so many generational farms at risk. Most farmers don’t have spare cash to pay this and their assets are tied up in the land value. So many family farms may have to sell land or even their farms to pay the inheritance tax.
The new inheritance tax threshold will put so many generational farms at risk. Most farmers don’t have spare cash to pay this and their assets are tied up in the land value. So many family farms may have to sell land or even their farms to pay the inheritance tax.
Why it was rejected
There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.
You may wish to sign this petition which calls for the same action: Don't change inheritance tax relief for working farms
Timeline
| 2 Nov 2024 | Petition opened for signatures |
| 14 Nov 2024 | Rejected by the Petitions Committee |
Key facts
Signatures
21
Status
Rejected
Rejected
14 Nov 2024
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Source: the official petition page. Last checked 28 Jul 2026.