Labour MP Henry Tufnell Faces Scrutiny Over Family Farm Transfer Before Tax Changes
Henry Tufnell, Labour MP for Mid and South Pembrokeshire, is facing inquiries regarding a farm ownership transfer conducted by his parents just days before the announcement of upcoming inheritance tax changes. The circumstances have raised concerns about potential insider knowledge, although no wrongdoing has been suggested. The new inheritance tax regulations, announced in Chancellor Rachel Reeves’ Budget, impact inherited agricultural properties valued over £1 million, prompting protests from the farming community.