[Diggers350] Farmers Revolt: Wed05Mar next as Whitehall famiiy farm land grab protests grow
Tony Gosling
tony at cultureshop.org.uk
Thu Feb 27 23:31:46 GMT 2025
Rachel Reeves urged to exempt farmers caught by
family farm tax 'trap' as mass protest beckons
Chancellor urged to give limited amnesty' to
older and sick agricultural owners 'snared' by inheritance changes
https://www.express.co.uk/news/politics/2020440/rachel-reeves-inheritance-tax-trap-farmers
By
<https://www.express.co.uk/journalist/123331/Steph-Spyro>Steph
Spyro, Deputy Political Editor | Thu, Feb 27, 2025
Farmers are fearing for their future
Farmers are fearing for their future because of
family tax raid which exempts corporate owned and factory farms
Rachel Reeves has been urged to carve out an
exemption for older farmers snared by her
inheritance tax trap as protesters prepare for a mass demonstration.
Organisers of a mass rally next Wednesday have
pleaded for a limited amnesty for older and
sick business owners who lack time to put their affairs in order.
Farmer Martin Williams said: Since last
November, farmers have been warning the
Chancellor and the Prime Minister that there will
be an acute short-term impact on some of the most
vulnerable people in our sector.
People who know they are running out of time
have absorbed the Governments message that if
they die before April next year, their successors will pay no tax.
If they die after that date, they may have a
bill so large it will lead to the break-up of the
business they spent their life building.
That is creating a dangerous incentive for
people to do the unthinkable and it needs to be
rectified even if the overall policy stands in the long term.
Farmers will descend on Westminster next week to
urge Ms Reeves to amend her policy so that some
people in poor health can transfer assets.
The National Farmers' Union has also proposed a
clawback scheme that would mean tax is only
charged once a farm is sold, rather than on inheritance.
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Speaking to reporters on Wednesday, Environment
Secretary Steve Reed said: The Chancellor has
been very clear about that policy. It has been
set and its not going to be changed.
I recognise the anguish that people feel about
that change. It wasnt something that we intended
to do before the General Election. The
circumstances we inherited means that we had to
take decisions that we werent planning to take.
In her October Budget, the Chancellor announced
that from April 2026, combined agricultural and
business property assets of more than £1million
will be taxed at an effective rate of 20%.
Anything below that will still receive 100% relief.
The Daily Express has demanded a U-turn through
its Save Britains Family Farms crusade.
It comes as figures showed 30% of farms failed to
make a profit in 2023-24, compared with 17% of farms in 2022-23.
<https://www.express.co.uk/news/politics/2019098/steve-reed-nfu-speech-chaos?int_source=mantis_rec&int_medium=web&int_campaign=more_like_this>
Farming minister heckled as speech descends into chaos with fur
<https://www.express.co.uk/news/politics/2019098/steve-reed-nfu-speech-chaos?int_source=mantis_rec&int_medium=web&int_campaign=more_like_this>
Farming minister heckled as speech descends into chaos with furious protests
"Youve got people who get up before dawn and
they work until late at night six days a week
sometimes more than that and they dont make
any money for all that work. You cannot have a
sector that doesnt make profit having a bright future.
He insisted the Government planned to pull every
single lever we can to make the sector profitable.
Mr Reed added: Ive said directly to farmers Im
very sorry. We said something before the election
but the circumstances changed. So what we were
doing had to change. The real problem that
farmers face is that they dont make a profit in
their businesses, or far too many of them dont.
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