Calls for Reversal of Inheritance Tax Changes Impacting Family Farms
Opposition MPs are urging Sir Keir Starmer to reconsider the recent government amendments to london–farmers-rally-against-controversial-inheritance-tax-plans/” title=”Tractors Take Over Central London: Farmers Rally Against Controversial Inheritance Tax Plans!”>inheritance tax that threaten family-run farms.
Farmers Rally in London Against Government Policies
On Wednesday, members of the agricultural community expressed their dissatisfaction as they gathered near the Palace of Westminster. Farmers drove tractors down streets lined with protestors, voicing their concerns over policies they believe undermine their livelihoods.
Numerous farmers from regions such as Exmoor, Shropshire, Somerset, and other areas traveled to London for this significant demonstration.
Beginning at 10 AM on Whitehall and culminating in speeches at noon, participants then proceeded on a slow procession through central London.
The New Tax Burden Beginning April 2026
Starting in April 2026, farmers will be subjected to a new inheritance tax rate of 20% on agricultural assets exceeding £1 million—this change contrasts sharply with current regulations where no such tax is levied.
The Voice of Concern at Prime Minister’s Questions
Liberal Democrat leader Sir Ed Davey championed British farming during Prime Minister’s Questions by highlighting their importance. “British farmers are unparalleled,” he asserted. He cited family farms’ long-standing traditions emphasizing quality food production and environmental stewardship transferred through generations.
“The last Conservative administration failed these vital family enterprises through poorly implemented payment scheme transitions and unfair trade agreements with Australia and New Zealand,” he remarked. “Now it seems that this latest budget proposal could deliver a crippling blow.”
A Growing Discontent Among Farmers
< p class= " col_body =mb*lgtext===l gmd : leading88break_wordsmin={} flexw" > Citing direct experiences from the farming frontlines, Norfolk MP Jerome Mayhew echoed concerns about farm sustainability amidst governmental inconsistencies. He urged recognition from Prime Minister regarding sentiments among constituents who feel betrayed by his administration.
< h3>A Contrasting Perspective Within Budget Allocations
< p class=” col_body_mb_lg_text==lg_md_leading_&_merge_breakcwnx87* |d_s” > In response to Mr. Mayhew’s statements, Sir Keir emphasized that a budget allocation amounting to £350 million was extended towards supporting farmers last week alone—a stark contrast compared to underspending during previous governments.
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