Farmers to target rural Labour MPs in new wave of tractor tax protests
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Critics of the move in Rachel Reeves’s budget in October have announced a national day of action organised by the National Farmers’ Union. Rural LabourMPs will be targeted in a fresh wave of protests next month over inheritance ‘tractor tax’ hike for farmers, it has emerged.
Critics of the move in Rachel Reeves’s budget in October have announced a national day of action organised by the National Farmers’ Union (NFU). Demonstrations including tractor rallies are expected to take place on January 25 in communities away from Westminster, with roadside banners also being put up along main roads to catch MPs’ eyes as they travel over Christmas, The Times reported.
At the Budget chancellor Ms Reeves ended inheritance tax exemptions for farms worth more than £1m, although in some cases that threshold could be as high as £3m. The tax change means previously exempt farms will be hit with a 20 per cent levy on farming assets worth more than £1m, with critics saying it will force family farmers to sell up and rip the heart out of Britain’s countryside.
The move has led to mass protests from farmers who claim the death dues could force them to sell off land which could have been in a family for generations. And NFU president Tom Bradshaw said farmers would not give up in the fight against the “destructive” policy.