Reeves denies claims she is about to exempt over-80s from family farm tax
The IndependentSign 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 the government is about to exempt farmers aged 80 and over from the family farm tax in a bid to end a revolt in rural England. The prime minister and the chancellor are under growing pressure to provide some relief for farmers amid growing anger over the decision to extend inheritance tax to include family farms. The Treasury claim that in reality with tax allowances it would mean only farms worth £3 million would be affected covering just 28 per cent of family farms. We could come up with a policy that would answer the questions but be far better for the industry.” open image in gallery Thousands of protesters gathered in central London on Tuesday Mo Metcalf-Fisher, external affairs director for the Countryside Alliance, added: “If true, while it’s reassuring to see the government may finally acknowledge that the family farm tax is a flawed policy, it still has to make the right calls about mitigating the impact on family farms.