From April 2026, inherited agricultural assets in the UK worth more than £1m, which were previously exempt, will be liable to the inheritance tax at 20% – half the usual rate.
Among those marching in Whitehall was TV presenter Jeremy Clarkson, who said "it’s the end" for farmers, as he called for the government to change its mind.
The prime minister said he understood farmers’ concerns and "wants to support" them but added "the vast majority" would be unaffected.
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Author: BBC News
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News post in November 20, 2024, 12:05 am.
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