Labour MP branded 'completely ignorant' for claiming it's 'quite hard to find a poor farmer' amid fresh protests over Rachel Reeves' tax raid
3 weeks, 6 days ago

Labour MP branded 'completely ignorant' for claiming it's 'quite hard to find a poor farmer' amid fresh protests over Rachel Reeves' tax raid

Daily Mail  

A Labour MP was today criticised over her 'complete ignorance' after she claimed it's 'quite hard to find a poor farmer'. Dame Siobhain McDonagh, MP for Mitcham and Morden in south London, provoked a backlash as she defended Chancellor Rachel Reeves' inheritance tax raid. Under changes dubbed a 'family farm tax', farmers will have to pay a 20 per cent rate of inheritance tax on land and property they inherit worth more than £1million. Dame Siobhain McDonagh, MP for Mitcham and Morden in south London, provoked a backlash as she defended Chancellor Rachel Reeves' inheritance tax raid Angry farmers staged fresh protests in Westminster today against the Chancellor's action, as they drove their tractors through the streets outside Parliament Critics claim Labour's tax raid could wipe out family-run farms with tight margins, as they will be forced to sell up in order to pay death duties The Labour MP said a married couple using all their inheritance tax benefits would still be able to pass on a £3million farm tax-free, while for single people this would be £1.5million. 'If you choose to pass on your farm seven years prior to your death, then you escape inheritance tax,' Dame Siobhain added.

History of this topic

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1 week, 1 day ago
UK’s top union leader turns on Starmer over impact of family farm tax
1 week, 4 days ago
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2 weeks, 5 days ago
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1 month ago
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1 month, 1 week ago
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1 month, 1 week ago
Starmer held private meeting with NFU boss for ‘grown-up’ inheritance tax talks
1 month, 1 week ago
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1 month, 2 weeks ago
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1 month, 2 weeks ago
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1 month, 2 weeks ago
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1 month, 2 weeks ago
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1 month, 3 weeks ago
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1 month, 3 weeks ago
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1 month, 3 weeks ago
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1 month, 3 weeks ago
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1 month, 3 weeks ago
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1 month, 3 weeks ago
Farmers exaggerating impact of inheritance tax raid on land, Environment Secretary suggests
1 month, 4 weeks ago
Sainsbury's boss backs Britain's farmers as he warns Chancellor Rachel Reeves' inheritance tax raid threatens UK food security
Trending News
2 months ago
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Trending News
2 months ago
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2 months ago

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