UK Softens Stance on Farm Tax After Months of Protests

Britain's government said on Tuesday it would scale back its plan to raise more tax from farmers, following months of protests since the introduction of an inheritance tax charge on farms was announced in 2024.

From April, the threshold for individual inheritance tax relief will rise to 2.5 million pounds ($3.4 million) from 1 million pounds, significantly reducing the number of farms and agricultural business owners facing higher tax bills, the government said.

"We have listened closely to farmers across the country and we are making changes today to protect more ordinary family farms," Environment Secretary Emma Reynolds said in a statement...

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