Farmers Protest UK Inheritance Tax Changes
Farmers Protest UK Inheritance Tax Changes

Farmers Protest UK Inheritance Tax Changes

News summary

British farmers have staged significant protests in London and Northern Ireland against a government plan to impose a 20% inheritance tax on farms valued over £1 million, which they argue threatens the viability of family farms. The protests, organized by the National Farmers' Union and the Ulster Farmers' Union, attracted thousands of participants who expressed their anger over the tax changes, which they claim would lead to the sale of family farms and undermine food security. Farmers highlighted that many have already struggled financially, with four out of the last five years resulting in losses. Additionally, the protests were fueled by concerns over environmental degradation and the long-term sustainability of farming in the UK, exacerbated by climate change and previous government policies. Farmers are demanding that the government reconsider these tax measures, warning that they may escalate their protests if their concerns are not addressed. The sentiment among protesters is one of urgency, as many fear for the future of the agricultural sector and the next generation's ability to inherit family farms.

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