'Labour's commitment to farmers is absolute!' Steve Reed INSISTS only a few hundred farms to be impacted by tax change

Gabrielle Wilde

By Gabrielle Wilde


Published: 19/11/2024

- 12:37

The Environment Secretary emphasised that the majority of farmers would not face increased costs under the new measures.

Labour's Steve Reed has defended a new farming tax scheme that will affect approximately 500 of Britain's largest farms.

The Environment Secretary emphasised that the majority of farmers would not face increased costs under the new measures.

"Labour's commitment to farms and farming is absolute," he told GB News.

He added: "It's only right that we've had to ask the wealthiest landowners and the biggest farms to pay their fair share."

"The data shows that no more than around 500 farms would be affected," he said, noting the figures had been validated by both the Office for Budget Responsibility and the Institute for Fiscal Studies.

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