23 December 2025
SDLP Opposition AERA Spokesperson Daniel McCrossan MLA has welcomed the UK Government’s decision to significantly raise the proposed inheritance tax threshold for farmland.
Under the revised plans, the tax threshold will rise from £1 million to £2.5 million for individuals, and up to £5 million for married couples.
Daniel McCrossan MLA said:
“This is extremely positive news for farming families right across Northern Ireland. The increase to £2.5 million and £5 million will remove the vast majority of local family farms from any risk of this tax.
"The SDLP has been working closely with farmers to raise their concerns and pressed Ministers to understand the impact here in the North. Family farming depends on being able to pass land and business to the next generation. This decision protects that tradition.
“Most farms are now fully protected, but if you are unsure what this means for you or your family, my office is ready to help. We are here to support farmers every step of the way.”