Environment secretary insists ‘tractor tax’ will only impact minority as farmers say they’ve been lied to
2 months, 1 week ago

Environment secretary insists ‘tractor tax’ will only impact minority as farmers say they’ve been lied to

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 Environment secretary Steve Reed has hit back following a storm of criticism over the government’s plans to extend inheritance tax to family farms, claiming the “vast majority of farmers will not be affected at all”. open image in gallery Environment secretary Steve Reed hit back after mounting criticism over the ‘tractor tax’ “I completely understand farmers’ anxiety at any changes. He added: “Losing a farm is not like losing any other business, it can’t come back.” Baroness Batters, the former president of the NFU who introduced Sir Keir at the conference last year, said the £1m threshold will easily be reached when land value is added to the value of machinery and buildings on farms, meaning most family farms will be subject to the new tax. open image in gallery The Tories claim farmers will have to stump up hundreds of thousands of pounds under Labour’s inheritance tax plans “The vast majority of farms in this country are family farms and now they are going to be broken up or people will not be able to afford to stay in farming.” Speaking on Thursday, Sir Ed Davey, leader of the Liberal Democrats, said his party would “absolutely” reverse the policy if they were in power.

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History of this topic

Farming chief calls for pause on ‘disastrous’ tractor tax in latest blow to Starmer over controversial change
Trending News
1 week, 2 days 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 …

Fresh tractor tax blow for Starmer as Labour could lose three quarters of rural seats, poll suggests
1 week, 3 days ago

Fresh tractor tax blow for Starmer as Labour could lose three quarters of rural seats, poll suggests

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. Sir Keir Starmer’s controversial tractor tax and other policies in Rachel Reeves’ October Budget could …

UK’s top union leader turns on Starmer over impact of family farm tax
1 week, 5 days ago

UK’s top union leader turns on Starmer over impact of 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 Sir Keir Starmer has suffered a new blow in the row …

Keir Starmer made a mistake with ‘tractor tax’ – now he must fix it
1 week, 5 days ago

Keir Starmer made a mistake with ‘tractor tax’ – now he must fix it

The Independent  

All governments – even the most extolled – make mistakes. Whatever the motivation for bringing many thousands of family farms, in due course, into the ambit of a harsher regime of inheritance tax, it is now clear that this part of Rachel Reeves’s controversial Budget is falling foul of that most iron of rules – the law of unintended consequences. …

Why the tractor tax will bankrupt families like mine
1 week, 6 days ago

Why the tractor tax will bankrupt families like mine

The Independent  

As I look out over our farmyard to the valley – which looks particularly Christmassy with a robin flitting around our hardy cattle, grazing on the last of the frost-tipped grass – all I can think about is the future of my family. The changes announced in Rachel Reeves’ Budget mean that farms will be required to pay 20 per …

Keir Starmer reveals the real reason for his ‘family farm tax’ in grilling by senior MPs
2 weeks, 6 days ago

Keir Starmer reveals the real reason for his ‘family farm tax’ in grilling by senior MPs

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 Keir Starmer has undermined the leading justification for his government’s “family …

Environment Secretary says farmers are 'in it for the money' as he defends Budget inheritance tax raid
2 weeks, 6 days ago

Environment Secretary says farmers are 'in it for the money' as he defends Budget inheritance tax raid

Daily Mail  

The Environment Secretary insisted farmers are 'in it for the money' today as he defended the Budget inheritance tax raid. Steve Reed argued that farms are 'businesses that need to make a profit' during bruising clashes in the Commons The government has been struggling to contain anger about the decision to scrap the the IHT exemption for agricultural businesses and …

The ‘tractor tax’ needs to be rethought to protect family farms
3 weeks, 4 days 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 …

Farm tax changes under fire in Parliament as angry farmers protest outside
4 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, …

Farmers set for tractor protest as Government says its support is ‘steadfast’
4 weeks ago

Farmers set for tractor protest as Government says its support is ‘steadfast’

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. The “RIP British Farming” protest has been organised by Kent Fairness for Farmers and Save British Farming in response …

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

Starmer may be ‘softening’ on Labour’s ‘tractor tax’, NFU president claims
1 month, 1 week ago

Starmer may be ‘softening’ on Labour’s ‘tractor tax’, NFU president claims

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. After a meeting in No 10 with the prime minister on Monday, NFU president Tom …

‘Labour becoming the cruel party’ over tax changes, warns farmer baroness
1 month, 2 weeks ago

‘Labour becoming the cruel party’ over tax changes, warns farmer baroness

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 Labour is “almost becoming the cruel party” over inheritance tax …

Why farmers are fretting across the world
1 month, 2 weeks 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
1 month, 2 weeks 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
1 month, 2 weeks 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
1 month, 2 weeks 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’
1 month, 2 weeks 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 …

Farmers protest in central London over tax changes
Top News
1 month, 2 weeks 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
1 month, 2 weeks 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
Trending News
1 month, 2 weeks 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
1 month, 2 weeks 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 …

The tractor tax has done lasting damage to ‘Starmer the farmer harmer’
1 month, 2 weeks ago

The tractor tax has done lasting damage to ‘Starmer the farmer harmer’

The Independent  

Out in sunny Rio de Janeiro for the G20 summit – an event no prime minister can easily avoid – Sir Keir Starmer is a world away from the first day of snow back home. It is hardly the prime minister’s fault that he finds himself, albeit briefly, in such an earthly paradise and among such rarified company; but he …

Many farmers ‘wrong’ about inheritance tax change, Environment Secretary says
1 month, 2 weeks 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” …

The real threat to British farmers… and it isn’t the ‘tractor tax’
1 month, 2 weeks ago

The real threat to British farmers… and it isn’t the ‘tractor tax’

The Independent  

I am dismayed by the protesting farmers’ sense of entitlement and pleading for special treatment. The London protest against the “tractor tax” is one funded by obscenely wealthy people who don’t want to pay any tax at all. Even after Labour’s changes, the tax due on a £3m house inherited from your parents would be £800,000, whereas tax on a …

UK farmers rally to oppose government's inheritance tax reforms
Trending News
1 month, 2 weeks 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 …

‘It’s become so tough I’m looking for a second job’: Inside the farming crisis
1 month, 2 weeks ago

‘It’s become so tough I’m looking for a second job’: Inside the farming crisis

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 Inside one of the live sales rings where farmers bid …

Do you support the ‘tractor tax’ on inherited farms? Join The Independent Debate
1 month, 2 weeks 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 …

‘The tractor tax means we’re sleepwalking into food shortages’
1 month, 3 weeks ago

‘The tractor tax means we’re sleepwalking into food shortages’

The Independent  

When I was growing up in rural Lincolnshire, I remember my best friend’s dad would always use a certain saying. “I think what a lot of people are missing is that, if we have this tax – on the cuts that we have with the subsidies, on top of the existing legislation that we have to abide by – there’s …

UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms
1 month, 3 weeks 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
1 month, 3 weeks 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
1 month, 3 weeks 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
1 month, 3 weeks 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 …

Government confusion over how many farms will be hit by controversial tractor tax
1 month, 3 weeks 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 may never trust Labour again after inheritance tax change, say Tories
1 month, 4 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
1 month, 4 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 …

Labour doesn’t understand the countryside, say farmers in warning ‘tractor tax’ will destroy village life
2 months ago

Labour doesn’t understand the countryside, say farmers in warning ‘tractor tax’ will destroy village life

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Farmers say Labour’s …

Labour accused of ‘traumatising’ farmers in inheritance tax raid amid warning over mental health crisis
Trending News
2 months ago

Labour accused of ‘traumatising’ farmers in inheritance tax raid amid warning over mental health crisis

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves has …

Starmer warned over ‘militant’ backlash by farmers over inheritance ‘tractor tax’
2 months ago

Starmer warned over ‘militant’ backlash by farmers over inheritance ‘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 Ministers have been warned that they face a “militant” backlash from …

Farmers call for inheritance tax U-turn ahead of crunch talks with ministers
2 months ago

Farmers call for inheritance tax U-turn ahead of crunch talks with ministers

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 …

My 250-acre farm has been in our family for four generations, but we now face a £400,000 inheritance tax bill and may be forced to give it up... this is the final nail in the coffin
2 months ago

My 250-acre farm has been in our family for four generations, but we now face a £400,000 inheritance tax bill and may be forced to give it up... this is the final nail in the coffin

Daily Mail  

Struggling farmers have accused Labour of 'lying' and said inheritance tax changes are the 'final nail in the coffin' as they react angrily to Chancellor Rachel Reeves' Autumn Budget. Andrew Smith, 56, said the move to introduce a 20 percent inheritance levy on farm assets above £1 million marks a 'betrayal' by the Labour government Mr Smith said the new …

Furious farmers call on Labour to axe its inheritance tax raid ahead of key meeting with ministers - as rural rebellion over Chancellor's shock move threatens to boil over
2 months ago

Furious farmers call on Labour to axe its inheritance tax raid ahead of key meeting with ministers - as rural rebellion over Chancellor's shock move threatens to boil over

Daily Mail  

Furious farmers are calling on the Government to reverse their plans to charge inheritance tax on farms - with the head of the National Farmers' Union claiming it is 'the only sensible course of action'. NFU president Tom Bradshaw is to meet Environment Secretary Steve Reed for crunch talks on Monday amid a growing furore over the Rachel Reeves's decision …

Government urged to do right thing and reverse ‘family farm tax’
2 months, 1 week ago

Government urged to do right thing and reverse ‘family farm tax’

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. Read our privacy policy Angry farmers left reeling from …

Rachel Reeves tells furious farmers it is 'fair' that they pay higher death taxes on their land amid rural anger led by Kirstie Allsopp and Jeremy Clarkson at Budget cash raid
2 months, 1 week ago

Rachel Reeves tells furious farmers it is 'fair' that they pay higher death taxes on their land amid rural anger led by Kirstie Allsopp and Jeremy Clarkson at Budget cash raid

Daily Mail  

Rachel Reeves has slapped down farmers furious at Budget plans to hike inheritance tax on agricultural land, saying it is a 'fair' way of raising money. The Chancellor defended her decision to reform the way death taxes affect farms amid fury from the industry and high-profile celebrities like Jeremy Clarkson and Kirstie Allsopp. But the Chancellor last night insisted that …

Starmer accused of lying to farmers as ‘tractor tax’ threatens to destroy countryside and increase cost of food
2 months, 1 week ago

Starmer accused of lying to farmers as ‘tractor tax’ threatens to destroy countryside and increase cost of food

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 Sir Keir Starmer has been accused of lying to farmers about …

Farmers will have to stump up hundreds of thousands of pounds, Tories claim
2 months, 1 week ago

Farmers will have to stump up hundreds of thousands of pounds, Tories claim

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. Shadow business secretary Kevin Hollinrake warned Labour MPs who intend to have a pint in a local pub and …

Farmers who go green in Natural England scheme face inheritance tax
1 year, 5 months ago

Farmers who go green in Natural England scheme face inheritance tax

The Telegraph  

The scheme is one of several being rolled out as part of the Government’s overhaul of its £2.4 billion agricultural subsidy regime to help meet its goals to reverse nature loss by 2030 and cut carbon emissions. Tax threat holding farmers back The tax threat is stopping Mr Ruggles-Brise from converting land to scrub or wetland, which Natural England said …

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