UK Farmers Protest in London Over Inheritance Tax Change

Thousands of farmers protested in London against changes to inheritance tax on agricultural assets introduced by Chancellor Rachel Reeves in the Labour government’s recent budget.

The policy imposes a 20% tax on inherited farms worth over £1 million, starting in 2026, while most smaller estates remain unaffected.

Farmers argue the tax threatens family farms and food production, with some fearing they may need to sell their land.

Critics also claim the policy disproportionately impacts rural communities, while experts note farmers still receive preferential tax treatment, DNYUZ has reported.

read more: https://dnyuz.com/2024/11/19/u-k-farmers-protest-in-london-over-inheritance-tax-change/

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