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Rachel Reeves hit by Labour rural rebellion over inheritance tax on farmers
Rural Labour MPs abstained or voted against a 20% inheritance tax on farms over £1 million amid concerns it harms small family farms and elderly owners, with MPs voting 327-182.
- Chancellor Rachel Reeves faced a rebellion by rural Labour MPs over inheritance tax changes during the Commons Budget debate, with dozens abstaining and Markus Campbell-Savours voting against on Tuesday.
- Among the measures, the Chancellor Rachel Reeves announced a 20% tax on farm estates worth more than 1m and made any unused 1 million APR and business property relief allowance transferable between spouses.
- Farmers staged protests in Whitehall, London, as the National Farmers Union urged Labour MPs to abstain and, after the vote, NFU president Tom Bradshaw said support came from rural Labour representatives.
- The Government won the vote 327 to 182, majority 145, but Labour's leadership was warned that newly elected rural Labour MPs are prepared to rebel.
- Backbenchers pressed for a U-turn as protesters in London demanded the chancellor and the prime minister remove the 20% tax impact on vulnerable farm families.
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The Northern EchoReposted by 
darlingtonandstocktontimes.co.uk
darlingtonandstocktontimes.co.ukNorth East farmers hail inheritance tax reforms but warn fight is not yet over
Northumbrian farmers have welcomed a Government U-turn on its controversial inheritance tax policy announced last month.
·County Durham, United Kingdom
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Coverage Details
Total News Sources23
Leaning Left4Leaning Right2Center9Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 27%
C 60%
13%
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