Tommy Tainant
Diamond Member
Farmers march in inheritance tax protest in London
There has been outcry from many farmers after changes to inheritance tax for farms announced in the Budget.
www.bbc.co.uk
Thousands of people have protested in London over changes to inheritance tax for farmers announced in the Budget.
Among those marching in Whitehall was TV presenter Jeremy Clarkson, who said "it's the end" for farmers, as he called for the government to change its mind.
The prime minister said he understood farmers' concerns and "wants to support" them but added "the vast majority" would be unaffected.
From April 2026, inherited agricultural assets worth more than £1m, which were previously exempt, will be liable to the tax at 20% - half the usual inheritance tax rate.
This has been the big story over here, I think its a confected outrage and the taxes should go futher.
Inheritance tax is only paid by 4% of folk . Most people can avoid it.
Basiically its a tax on income. The recipient pays it not the person woeking now.
These greedy bastards are getting 10 years to pay it at a reduced rate. Its interest free. They should just shut up and get on with it.
My sympathies are not with uppeer class toffs worried about a multi million pound inheritance.