UK Farmers Protest Inheritance Tax Changes at Annual Conference

Reported about 7 hours ago

In November, thousands of British farmers protested in Westminster against the Labour government's new inheritance tax on agricultural assets, the first in over three decades. As they gather for the National Farmers' Union annual conference, frustrations continue over a policy change that imposes a 20% tax on farms valued over £1 million when passed down. The government argues only a few farms will be affected, but farmers warn it jeopardizes food security and targets farming families struggling with rising costs.

Source: YAHOO

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