Farmers Protest Inheritance Tax Reforms in UK

Recent changes to inheritance tax introduced by Chancellor Rachel Reeves have sparked significant controversy, with claims that up to 66% of farms may be affected, contrary to Treasury estimates of 28%. This new tax, set at 20% for agricultural assets valued over £1 million, has led to widespread unrest among farmers and rural communities, prompting protests scheduled for November 19. Scottish First Minister John Swinney expressed concerns over the stress these reforms are causing among Scottish farmers, urging the UK Government to release impact assessments. In response, Environment Secretary Steve Reed suggested that the majority of farmers would not be significantly impacted, stating that many agricultural property relief claims are below the £1 million threshold. Despite government assurances, critics argue that the policy could threaten the viability of family farms across the UK. The Countryside Alliance has reported a surge in protest communications to MPs, indicating growing discontent within the farming sector.