Why are Britain’s farmers protesting?
Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Thousands of farmers are expected to join a rally in Whitehall as they protest against the Labour government’s extension of inheritance tax to agricultural property. Previously, farming businesses qualified for 100 per cent relief on inheritance tax on agricultural property and business property. The Government says that the actual threshold before paying inheritance tax could be as much as £3 million, once exemptions for each partner in a couple and for the farm property are taken into account. It said figures showed that 7 per cent of the wealthiest estates account for 40 per cent of the total value of agricultural property relief, costing the Treasury £219 million.
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