Hundreds of farm tractors filled londons streets near parliament today causing major traffic slow-downs (a sight that caught many commuters off-guard). The protest comes after governmentʼs decision to end tax-free farm inheritance
Its the final nail in our agricultural coffin
The new policy which critics named “tractor-tax“ will make farmers pay 20% on properties worth more than £1M; married couples can combine allowances raising the limit to £3M. The changes dont start until 2026 but farmers say its already affecting their plans
British food producers face multiple money-related issues - cheap food imports post-brexit supermarket price pressures and reduced farming help from government. The tax change might force many family-owned farms to close down or sell parts of their land
Last month about 13k protesters including Jeremy Clarkson the well-known tv host and farm-owner gathered in Westminster to show their disagreement. However minister Steve Reed says they will stick to the plan: saying they focus on rural growth and food security instead
- No more tax-free inheritance
- 20% tax on farms over £1M
- Changes start in 2026
- Combined couples limit: £3M
The government made this choice to get more money for public services - but farmers think it will harm food making in britain