In this week’s vlog, NFU President Tom Bradshaw celebrates the NFU win which has seen the government increase the tax threshold for APR and BPR from £1 million to £2.5 million. He reflects on a busy and challenging year for the farming industry.
From drought and poor harvests to price pressures and animal disease, this year has been nothing short of difficult. But in the final days of 2025, the government recognised that the previous inheritance tax threshold did not protect the family farm and made a significant change. This, paired with other news on planning reform and farm profitability, provides members with hope for an improved farming outlook for 2026.
He thanks members for their steadfast support and engagement with MPs, which secured the necessary attention from backbench MPs, who have all helped to make a real difference to the family farm tax campaign.
Finally, Tom praises the industry for being united – one voice is stronger than many. He hopes to work closely with government in 2026 to recognise the importance of the industry, and wishes everyone a very Merry Christmas.
