Farmers Protest Labour's New Inheritance Tax Policy

Rural backlash grows over Labour's plan to impose a 20% inheritance tax on agricultural assets worth over £1 million, with concerns about its impact on farming communities and mental health.

• Labour's inheritance tax policy will apply a 20% levy on agricultural assets exceeding £1 million starting April 2026, impacting previously exempt family farms.
• Government estimates suggest only 28% of farms will be affected, but industry figures indicate up to 66% could face tax liabilities, fueling widespread protests.
• Over 10,000 farmers protested in London this week, with concerns ranging from financial strain to potential mental health crises within the farming community.
• Labour MPs in rural constituencies face mounting pressure, with analysis showing at least 81 seats at risk due to voter backlash over the policy.
• Environment Secretary Steve Reed defended the tax as necessary for economic stability but pledged to engage with farmers to address their concerns.

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