Submitted on Thursday 7th November 2024
Rejected on Monday 25th November 2024
Current status: Rejected
Rejection code: duplicate (see below for details)
Reverse the Government's recent changes to inheritance tax on British farmers.
We are calling on the Government to reverse their proposed reforms to agricultural property relief (APR) and business property relief (BPR) for British farmers. Despite British farming already being in decline, this tax hike will devastate our rural community and lead to closures of British farms.
In the recent Budget, Rachel Reeves announced that from 6 April 2026, the full 100% relief from inheritance tax will be restricted to the first £1 million of combined agricultural and business property. Contrary to Rachel Reeves claim that this decision will only impact "one in four family farms", this Budget decision will needlessly decimate the economic prosperity of the overwhelming majority of British farmers, whilst preventing farming families to succeed their land to future generations.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
You may wish to sign this petition which calls for the same action: petition.parliament.uk/petitions/700138
3.148.115.43 Wed, 25 Dec 2024 08:16:13 +0000