My family have farmed this land for 100 years and fed generations of Britons - but now we could be forced to sell it because of Labour's new tax rules
4 months, 3 weeks ago

My family have farmed this land for 100 years and fed generations of Britons - but now we could be forced to sell it because of Labour's new tax rules

Daily Mail  

A devastated farmer whose land has been passed down through generations has told of how his family could face an inheritance tax bill of almost £2million. Kim Gower, who owns Blandred Farm in Folkestone, Kent, is equally aghast and fears the new inheritance tax could force the family to sell off a fifth of their land. Mr Twyman inherited the business from his father Harry who started with a small market garden in the 1930s 'It often takes several generations to build up a farm because land and buildings are so expensive. Farmers could still transfer land to younger generations and not pay inheritance tax if this is done seven years before they die.

Family Tax Land Inheritance Small Farm Sell Inheritance Tax My Family Twyman Mr Twyman  farms  family  fed  twyman  inheritance  farm  labours  tax  farmed  generations  land  farmland  sell  rules  small  forced

History of this topic

Why are Britain’s farmers protesting over Labour’s inheritance tax changes?
3 weeks, 2 days ago

Why are Britain’s farmers protesting over Labour’s inheritance tax changes?

The Independent  

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 set to head to London for …

Government urged to ‘do right thing’ over inheritance tax for reset with farmers
Trending News
1 month ago

Government urged to ‘do right thing’ over inheritance tax for reset with farmers

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government is being urged to “reset” its relationship with farmers after months of protests …

Brexit divisions among farmers are endangering fight against Reeves’ tractor tax
1 month, 2 weeks ago

Brexit divisions among farmers are endangering fight against Reeves’ tractor tax

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. The event, organised …

‘If the farmers continue, they’ll win’: Hundreds of tractors descend on Westminster in latest tax protest
1 month, 2 weeks ago

‘If the farmers continue, they’ll win’: Hundreds of tractors descend on Westminster in latest tax protest

The Independent  

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. Liz Webster, the founder of Save British Farming, told The Independent that Mr Farage’s …

Why are Britain’s farmers protesting?
1 month, 2 weeks ago

Why are Britain’s farmers protesting?

The Independent  

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 …

Every major supermarket turns on Starmer over tractor tax
1 month, 3 weeks ago

Every major supermarket turns on Starmer over tractor tax

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Every major British supermarket has turned on Sir Keir Starmer over …

Labour land grab for housing and solar poses fresh blow for farmers
1 month, 3 weeks ago

Labour land grab for housing and solar poses fresh blow for farmers

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Environment secretary Steve Reed is set to launch a consultation for the land use framework, …

More than three quarters of farms to be affected by Tractor Tax, new research shows
1 month, 3 weeks ago

More than three quarters of farms to be affected by Tractor Tax, new research shows

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy More than three-quarters of all farms in England and Scotland will …

Farmers call Government reforms ‘load of rubbish’ as anger over tax persists
2 months, 2 weeks ago

Farmers call Government reforms ‘load of rubbish’ as anger over tax persists

Hindustan Times  

Farmers protesting outside the Oxford Farming Conference have called the Government’s newly-announced reforms to boost the sector’s profitability a “load of rubbish”. Julie Adams, an arable farmer near Bicester in Oxfordshire who joined the protest, called the Government’s new deal for farmers “a load of rubbish”. “A pre-rehearsed speech that barely touches on inheritance tax is not going to be …

Farming chief calls for pause on ‘disastrous’ tractor tax in latest blow to Starmer over controversial change
Trending News
2 months, 4 weeks ago

Farming chief calls for pause on ‘disastrous’ tractor tax in latest blow to Starmer over controversial change

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A farming chief has called on Keir Starmer to pause his …

Inheritance tax raid up by £600MILLION - as they are set to exceed £8billion by end of financial year
3 months ago

Inheritance tax raid up by £600MILLION - as they are set to exceed £8billion by end of financial year

Daily Mail  

Bereaved families paid a staggering £5.7billion in inheritance tax in just eight months of this year. The year-on-year increase means inheritance tax bills look likely to exceed £8billion this financial year. Families paid £7.6billion in inheritance tax in the last financial year, up from £7.1billion the year before. A series of changes announced by Chancellor of the Exchequer Rachel Reeves …

Reeves’s build for growth strategy in doubt because of impact of inheritance tax changes
3 months, 1 week ago

Reeves’s build for growth strategy in doubt because of impact of inheritance tax changes

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves has been warned that her so-called “tractor tax” will …

The ‘tractor tax’ needs to be rethought to protect family farms
3 months, 1 week ago

The ‘tractor tax’ needs to be rethought to protect family farms

The Independent  

Dan Neidle is the British tax lawyer and Labour Party supporter whose work – along with reporting by The Independent – resulted in Nadhim Zahawi’s dismissal from Rishi Sunak’s government in January last year. He has suggested raising the threshold for inheritance tax from £1m to £20m, which would exclude genuine family farms while increasing the revenue from investors buying …

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 months, 2 weeks 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 …

Farm tax changes under fire in Parliament as angry farmers protest outside
3 months, 2 weeks ago

Farm tax changes under fire in Parliament as angry farmers protest outside

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Obviously, the idea is that we want to pass it down to the next generation, but farmers are asset-rich, …

Loophole used by super rich to avoid tractor tax unavailable to family farms
3 months, 2 weeks ago

Loophole used by super rich to avoid tractor tax unavailable to family farms

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Most family farms will not be able to benefit from a …

Opposition growing to family farm tax ahead of major protest in London
3 months, 2 weeks ago

Opposition growing to family farm tax ahead of major protest in London

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Opposition to Rachel Reeves’ family farm tax raid is growing ahead …

Labour MP becomes first to attack party’s inheritance tax raid on farms
3 months, 3 weeks ago

Labour MP becomes first to attack party’s inheritance tax raid on farms

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The move will increase pressure on the chancellor Rachel Reeves to U-turn on her inheritance …

Farmers will fight 'for as long as it takes' to halt Rachel Reeves's inheritance tax raid, union president warns
3 months, 3 weeks ago

Farmers will fight 'for as long as it takes' to halt Rachel Reeves's inheritance tax raid, union president warns

Daily Mail  

Farmers will fight ‘for as long as it takes’ to halt Rachel Reeves’ inheritance tax raid, the president of the National Farmers’ Union warns today. Writing in the Mail as MPs prepare to debate the ‘family farm tax’ in the Commons this afternoon, Tom Bradshaw says farmers will not ‘let this go’. The Chancellor’s reforms to inheritance tax relief will …

PM: Government is ‘for farmers’ and most will be unaffected by tax change
4 months ago

PM: Government is ‘for farmers’ and most will be unaffected by tax change

The Independent  

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 The Government is “for farmers”, the Prime Minister has said, …

Why farmers are fretting across the world
4 months ago

Why farmers are fretting across the world

Hindustan Times  

They come in long convoys of tractors, sometimes with months of food supplies with them, to stage protests. In London, hundreds of farmers stormed Britain’s heart of government, Whitehall, this week, protesting a proposed 20% inheritance tax they say will be a stab in their backs. Studies have shown that Indian farmers are “net taxed” or implicitly taxed due to …

Independent readers left divided over Labour’s ‘tractor tax’ on inherited farms
4 months ago

Independent readers left divided over Labour’s ‘tractor tax’ on inherited farms

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Labour’s proposed inheritance tax reforms have sparked intense debate among Independent …

Reeves denies claims she is about to exempt over-80s from family farm tax
4 months ago

Reeves denies claims she is about to exempt over-80s from family farm tax

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A source close to Rachel Reeves has strongly denied reports that …

Farmers should shut up and muck in – for the greater good
4 months ago

Farmers should shut up and muck in – for the greater good

The Independent  

We oldies have accepted the loss of our winter fuel payments for the greater good – to fund the NHS, schools, etc. They would do well to accept paying inheritance tax with good grace, and as a contribution to the public services we all enjoy and would like to see improved. Lindsay Mayor Huddersfield, West Yorkshire Labour should get off …

Labour is losing the PR battle over the ‘tractor tax’
4 months, 1 week ago

Labour is losing the PR battle over the ‘tractor tax’

The Independent  

Who will decide who wins the fight between the government and the farmers? More in Common found that 57 per cent of people support making farmers exempt from inheritance tax, including 45 per cent of Labour voters. There is instinctive public support for being able to pass on assets to your children; inheritance tax is the most hated tax, even …

BBC's Victoria Derbyshire clashes with Labour minister as he urges farmers to 'find out how inheritance tax works' if they are 'anxious' about budget
4 months, 1 week ago

BBC's Victoria Derbyshire clashes with Labour minister as he urges farmers to 'find out how inheritance tax works' if they are 'anxious' about budget

Daily Mail  

A Labour minister has been accused of being 'patronising' by BBC presenter Victoria Derbyshire after telling farmers anxious about the so-called 'tractor tax' they should find out how it works. Victoria Derbyshire, presenter of BBC2's Newsnight, accused Labour minister James Murray of being 'patronising' after he urged farmers to find out how inheritance tax works He was speaking on the …

Angela Rayner refuses to rule out further increases to inheritance tax on farmers
4 months, 1 week ago

Angela Rayner refuses to rule out further increases to inheritance tax on farmers

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Asked to rule out any further increases to the tax while she was standing in …

Farmers protest in central London over tax changes
Top News
4 months, 1 week ago

Farmers protest in central London over tax changes

China Daily  

By JULIAN SHEA in London | China Daily Global | Updated: 2024-11-20 11:11 Farmers drive tractors through Westminster, central London on Tuesday during a demonstration against a policy of the United Kingdom's Labour Party government that is expected to increase inheritance tax for some farmers. REUTERS Farmers descended on central London on Tuesday to protest about recent changes to inheritance …

Farmers protest in central London over tax changes
Top News
4 months, 1 week ago

Farmers protest in central London over tax changes

China Daily  

By JULIAN SHEA in London | China Daily Global | Updated: 2024-11-20 11:11 Farmers drive tractors through Westminster, central London on Tuesday during a demonstration against a policy of the United Kingdom's Labour Party government that is expected to increase inheritance tax for some farmers. REUTERS Farmers descended on central London on Tuesday to protest about recent changes to inheritance …

Why have British farmers marched on UK’s Parliament?
4 months, 1 week ago

Why have British farmers marched on UK’s Parliament?

Al Jazeera  

British farmers say they will be forced to sell farms under inheritance tax reforms. Among the reforms announced by UK Chancellor of the Exchequer Rachel Reeves in last month’s budget were plans to make inheritance tax payable on farms worth more than 1 million pounds. Under the 1992 Agricultural Property Relief scheme, farms had previously been exempt from paying any …

Farmers protest in central London over tax changes
Trending News
4 months, 1 week ago

Farmers protest in central London over tax changes

China Daily  

Farmers drive tractors through Westminster, central London on Tuesday during a demonstration against a policy of the United Kingdom's Labour Party government that is expected to increase inheritance tax for some farmers. REUTERS Farmers descended on central London on Tuesday to protest about recent changes to inheritance tax rules, which they say could leave them with large tax bills that …

Farmers protest in central London over tax changes
4 months, 1 week ago

Farmers protest in central London over tax changes

China Daily  

Farmers drive tractors through Westminster, central London on Tuesday during a demonstration against a policy of the United Kingdom's Labour Party government that is expected to increase inheritance tax for some farmers. REUTERS Farmers descended on central London on Tuesday to protest about recent changes to inheritance tax rules, which they say could leave them with large tax bills that …

Many farmers ‘wrong’ about inheritance tax change, Environment Secretary says
4 months, 1 week ago

Many farmers ‘wrong’ about inheritance tax change, Environment Secretary says

The Independent  

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 Many farmers protesting over changes to inheritance tax are “wrong” …

More farmers seeking financial advice over inheritance tax changes, say experts
4 months, 1 week ago

More farmers seeking financial advice over inheritance tax changes, say experts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Restrictions on agricultural property relief are particularly challenging for …

UK farmers rally to oppose government's inheritance tax reforms
Trending News
4 months, 1 week ago

UK farmers rally to oppose government's inheritance tax reforms

Hindustan Times  

British farmers called on the government on Tuesday to revoke a contentious proposal to alter inheritance tax laws for land ownership, threatening to jam the streets of London. Farmers drive their tractors past the Houses of Parliament during a protest against issues including substandard food imports, in London, UK, on Monday, In the past, farming enterprises were eligible for a …

Farmers’ protest: Why are farm owners demonstrating over inheritance tax?
4 months, 1 week ago

Farmers’ protest: Why are farm owners demonstrating over inheritance tax?

The Independent  

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. open image in gallery Farmers and supporters preotest near the Welsh Labour Party conference …

Do you support the ‘tractor tax’ on inherited farms? Join The Independent Debate
4 months, 1 week ago

Do you support the ‘tractor tax’ on inherited farms? Join The Independent Debate

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The government’s announcement of changes to inheritance tax, which will see …

UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms
4 months, 1 week ago

UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Ailbhe Rea: Farmers Descend on Westminster
4 months, 1 week ago

Ailbhe Rea: Farmers Descend on Westminster

Bloomberg  

We’ve had an influx of muddy wellies and flat caps in parliament today as farmers protest against the changes to inheritance tax announced in last month’s budget. They marched on Whitehall, tractor horns wailing and accompanied by famous faces including Jeremy Clarkson and Andrew Lloyd-Webber, before descending on parliament to personally lobby MPs against the plan to levy inheritance tax …

British farmers protest against ‘tractor tax’ on inheritance
4 months, 1 week ago

British farmers protest against ‘tractor tax’ on inheritance

Al Jazeera  

Farmers say the tax will destroy family farms and threaten food production, while the gov’t says it’s needed to raise funds. British farmers have descended on London to call on the government to scrap inheritance tax rules on land ownership, which they say will destroy family-run farms. The measure, referred to by critics as the “tractor tax”, was announced last …

Labour peer says Keir Starmer's inheritance tax raid on family farms 'smells of incompetence' and is hammering the party's rural support as ministers brace for London protest
4 months, 1 week ago

Labour peer says Keir Starmer's inheritance tax raid on family farms 'smells of incompetence' and is hammering the party's rural support as ministers brace for London protest

Daily Mail  

Keir Starmer's inheritance tax raid on farmers 'smells of incompetence' and is hammering the party's support in rural areas, a Labour peer has warned. Speaking to reporters on the way to the G20 summit in Brazil, Sir Keir said 'it is very important that we support farmers' but added: 'Obviously, there's an issue around inheritance tax and I do understand …

For born farmers it’s not about the value of the land, but the legacy
4 months, 1 week ago

For born farmers it’s not about the value of the land, but the legacy

The Independent  

My Dad could remember my granny tucking him into bed during the Second World War and saying: “There you are. Linda Roberts Culmington, Ludlow, Shropshire ‘Land rich, cash poor’ blurs the issue Surely it is time for a proper appraisal of policies that permit large swathes of wealth being transferred from one generation to the next, that favour one small …

Labour digs in over family farm tax raid: Defra's bid to soften the Budget blow is rejected by Downing Street
4 months, 1 week ago

Labour digs in over family farm tax raid: Defra's bid to soften the Budget blow is rejected by Downing Street

Daily Mail  

A bid to soften the tax raid on family farms, led by the Government’s own department for the countryside, has been rejected. But Sir Keir Starmer’s official spokesman said: ‘The changes to agricultural property relief set out in the Budget will be implemented as set out in the Budget.’ And a Defra spokesman said: ‘All ministers support the policy and …

Government confusion over how many farms will be hit by controversial tractor tax
4 months, 1 week ago

Government confusion over how many farms will be hit by controversial tractor tax

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Getting this right in the first instance, as well as carrying out meaningful consultation with …

Farmers’ ‘tractor tax’ protest move to new location because Trafalgar Square is not big enough
4 months, 2 weeks ago

Farmers’ ‘tractor tax’ protest move to new location because Trafalgar Square is not big enough

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The gathering of people from farming communities around the country is a response to chancellor …

Inheritance tax reforms having ‘chilling effect’ on Scottish farming – Swinney
4 months, 2 weeks ago

Inheritance tax reforms having ‘chilling effect’ on Scottish farming – Swinney

The Independent  

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 Inheritance tax reforms introduced in the Chancellor’s Autumn Budget are …

Farmers may never trust Labour again after inheritance tax change, say Tories
4 months, 2 weeks ago

Farmers may never trust Labour again after inheritance tax change, say Tories

The Independent  

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 Farmers may never forgive Labour for the change to inheritance …

Farmers exaggerating impact of inheritance tax raid on land, Environment Secretary suggests
4 months, 2 weeks ago

Farmers exaggerating impact of inheritance tax raid on land, Environment Secretary suggests

The Telegraph  

Sir Keir Starmer also said the “vast majority” of farmers would be unaffected by the changes. “The vast majority of farmers will be unaffected by the changes in the Budget not least because if there’s a married couple the relief is £3 million and that’s why the vast majority of farmers will not be affected at all.” Atkins: ‘Farmers are …

Sainsbury's boss backs Britain's farmers as he warns Chancellor Rachel Reeves' inheritance tax raid threatens UK food security
Trending News
4 months, 2 weeks ago

Sainsbury's boss backs Britain's farmers as he warns Chancellor Rachel Reeves' inheritance tax raid threatens UK food security

Daily Mail  

The boss of Sainsbury's has backed farmers in a fresh warning that the Chancellor's inheritance tax raid threatens food security. Simon Roberts is the first major supermarket boss to speak out amid fears that changes to farm inheritance rules could harm the country's ability to grow its own food. George Weston, boss of Associated British Foods, which supplies farmers with …

Labour's inheritance tax raid on family farms could turn them into 'net zero forests' used by foreign firms for carbon offsetting instead of food, landowners claim
Trending News
4 months, 2 weeks ago

Labour's inheritance tax raid on family farms could turn them into 'net zero forests' used by foreign firms for carbon offsetting instead of food, landowners claim

Daily Mail  

Labour's plan to force farmers to pay inheritance tax on agricultural land could see it taken out of food production by foreign firms who use it for carbon offsetting, a leading landowners organisation has claimed. The head of the Country and Land Business Association warned that tracts of productive soil could also be bought up by environmental charities for 'biodiversity …

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