Inheritance tax reforms will disproportionately impact Northern Ireland’s agricultural communities and be the “death knell for many farming families,” the House of Lords has heard.
Lord Maurice Morrow told colleagues in the Lords on Monday that the changes will worsen the situation for Northern Ireland’s agricultural community, which has already faced rising prices amid higher costs of living and the “chokehold” of the post-Brexit Windsor Framework, which he said are subjecting farmers to “onerous regulations and red tape.”