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Now: Farmers protest over inheritance tax rises
The recent Budget announcement means that previously-exempt farms worth more than Β£1m would have to pay an inheritance tax of 20% - half the usual rate of 40% - from April 2026.
The recent Budget announcement means that previously-exempt farms worth more than Β£1m would have to pay an inheritance tax of 20% - half the usual rate of 40% - from April 2026.
The president of the National Farmers Union told the Βι¶ΉΤΌΕΔ the measures announced in the Budget were "completely unjust".
But the Environment Secretary Steve Reed said: "We've had to ask those with the broadest shoulders to pay a little bit more". He added "the vast majority of farmers will pay nothing" even after the changes.
(Image: PA)
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