POLL OF THE DAY: Should farmers be given special exemption on inheritance tax? - VOTE NOW
Richard Tice blasts Labour as farmers plan to show up in thousands
GB News
As many as 40,000 people are expected to take part in the farmers' protest in central London today.
Two separate events are due to take place on what promises to be a lively day.
There had been reports that some farmers were intending to bring tractors to London to disrupt roads, in a move similar to that taken by French farmers several times in the past few years.
But organisers have urged attendees not to go "full French" and to not bring their tractors.
The demonstration is taking place as a result of Labour's Budget last month.
The Chancellor used her first Budget to announce changes to agricultural property relief (APR) and business property relief (BPR) from April 2026.
Under the new rules, the first £1million of combined business and agricultural assets will continue to attract no inheritance tax.
However, for assets above £1m, inheritance tax will apply with 50 per cent relief, at an effective rate of 20 per cent.
Farmers protest in WalesGETTYA row has erupted over the exact impact of these changes, with conflicting data from different government departments.
Treasury data suggests three-quarters of farmers will pay nothing under the new rules.
But farmers dispute these figures, citing Department for Environment Food and Rural Affairs data indicating 66 per cent of farm businesses are worth more than the £1m threshold.
With that in mind, do you think farmers should be given special exemptions on inheritance tax? Have your say by voting in the poll above.
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