James Dyson: Rachel Reeves’s inheritance tax rises ‘destroy family businesses’
- Farmers fear the government's new inheritance tax will devastate family farms across the country, as it taxes farms valued at over £1 million an additional 20% upon the owner's death.
- The National Farmers' Union held a 'National Day of Unity' on January 25, where over 30 farmers gathered in Newark to engage the public and promote British farming.
- Nottinghamshire NFU chairman Colin Bower stated that some elderly farmers feel their lives are valued only in monetary terms, saying it's heart-breaking that they think they need to die before April 2026.
- Two green politicians have supported a new inheritance tax on farmers, with councillors calling for a 20% tax on farms valued over £5 million, despite opposition from conservative leaders.
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Leaning Left1Leaning Right3Center4Last UpdatedBias Distribution50% Center
Bias Distribution
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49% Center
13%
C 49%
R 38%
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