Farmers are currently protesting in Whitehall against the inheritance tax plan proposed by the government. The National Farmers Union (NFU) president, Tom Bradshaw, expressed his concerns in an interview with BBC News. He mentioned that farmers were taken by surprise as they only heard about the potential changes shortly before the budget announcement. Bradshaw argued that the policy change would impact 75% of commercial farms in the UK, contrary to the government’s claims that most farms would not be affected.
Moreover, Bradshaw criticized the policy as being ill-thought and favoring wealthy individuals who could exploit loopholes to invest in agricultural land. He emphasized the need for a more comprehensive and effective policy to prevent land from being used as a tax shelter. Despite the protests, farmers are willing to collaborate with the government to develop a better solution that addresses the concerns raised.
The demonstrations in Westminster mark a significant clash between the farming community and the government. Farmers fear that the inheritance tax plan could force families to sell their land, which has been passed down through generations, to cover the tax obligations. On the other hand, the government argues that closing this loophole is necessary to prevent wealthy individuals from avoiding inheritance tax and to support young farmers in acquiring their own farms.
While the environment minister, Steve Reed, defended the tax changes, NFU president Bradshaw vowed to continue the protests until the government reconsiders its decision. The NFU organized a rally at Church House in Westminster followed by a protest in Whitehall. Despite the ongoing demonstrations, the government has stood firm on the policy change, citing the need for fair taxation and preventing tax evasion.
Throughout the day, various events and briefings related to the protests and government policies took place, including a lobby briefing at Downing Street, questions in the Commons, speeches on policing reform, and evidence sessions on environmental matters. The NFU’s determination to challenge the government’s decision signals a united front among farmers to protect their livelihoods and agricultural heritage.
As the protests continue, it remains to be seen how the government will respond to the farmers’ demands for a reconsideration of the inheritance tax plan. The outcome of these demonstrations could have a lasting impact on the agricultural sector and the relationship between farmers and policymakers in the UK.
