Jeremy Clarkson accuses Labour of trying to 'nationalise the countryside' and jokes 'one day all this will be Rachel Reeves' as fury over farming inheritance tax raid grows

Jeremy Clarkson has accused Labour of trying to 'nationalise the countryside' as fury continues to grow over the crackdown on inheritance tax on farmers. Jeremy Clarkson has accused Labour of trying to 'nationalise the countryside' as fury continues to grow over the crackdown on inheritance tax on farmers Clarkson questioned whether fathers will be able to pass on the trading secrets of farming to their children because they may be forced to sell up From April 2026, inheritance tax will be levied at an effective rate of 20 per cent on the value of business and agricultural assets over £1million - pictured is Chancellor of the Exchequer Rachel Reeves On an Instagram post by Clarkson's partner Lisa Hogan in which he says: 'One day all this will be Rachel Reeves'' However, as a note of consolation, Clarkson added that if the number of farms going onto the market each year does increase, he believes prices will effectively plummet which could mean many fall below the tax threshold of £1million. Kirstie Allsopp has accused Chancellor Rachel Reeves of leaving all farmers 'f***ed' following her inheritance tax raid during an explosive broadside online. Mr Ridsdale fears the inheritance tax bombshell could destroy his family farming business And the Country Land and Business Association said the move, from April 2026, would hit 70,000 farms – calling it 'nothing short of a betrayal' which would 'jeopardise the future of rural businesses'.