Thousands of farmers are protesting new inheritance tax measures, claiming they will cripple the agricultural sector. The extended tax on agricultural land ignites criticism among the farming community.
Chancellor Rachel Reeves' autumn budget extends inheritance tax to agricultural land and freezes thresholds, increasing financial burdens on farmers at a time when food security is paramount.
With influential political figures and celebrities showing support, the protests coincide with a government study release that could impact the ongoing discussion about farmers’ economic challenges.
Representatives will address potential impacts of tax reforms at the Environment, Food, and Rural Affairs Committee, emphasizing farmers’ concerns over the financial viability of their operations.
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