0:00
muddy Wellies and even the odd tractor
0:01
aren't something you see every day in
0:03
central London but today they were out
0:06
in droves thousands of farmers marched
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to Westminster to protest Labor's
0:10
planned changes to inheritance tax on
0:12
agricultural properties the changes
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announced in last month's budget will
0:16
mean from April 2026 Farms worth over1
0:19
million will face a 20% inheritance tax
0:23
sparking fears for the future of family
0:26
farming two separate events are taking
0:28
place today the first is an independent
0:30
rally right here organized by several
0:32
high-profile Farmers the other is a
0:35
national Farmers Union Le Mass lobby
0:37
with 1,800 members meeting their MPS in
0:40
Westminster right over there I think AB
0:43
ridiculous I mean there is no way that
0:46
you're ever going to pay that off not
0:47
with farming the president of the nfu
0:49
has said farmers will continue to push
0:51
back until the government scraps
0:53
agricultural inheritance tax changes he
0:56
also warned the tax changes could affect
0:58
the country's food security we're
1:00
constantly being undercut we get not
1:02
enough money to make to for our food
1:05
that we produce to actually make a
1:06
living and then now we've got a
1:08
government that think they're going to
1:09
tax us even more well it's going to we
1:12
won't have any food produced in this
1:14
country the way it's going which is
1:16
really sad Chancellor Rachel Reeves and
1:18
environment secretary Steve Reed have
1:20
said the reduction in inheritance tax
1:22
relief offered to Farmers would ensure
1:24
that wealthier Estates and the most
1:25
valuable Farms pay their fair share to
1:28
invest in our schools and health
1:30
Services the policing Minister has said
1:32
the government has contingency measures
1:34
in place to avoid food shortages if
1:36
farming protests intensify asked if she
1:38
could guarantee there would not be food
1:40
shortages in the leadup to Christmas she
1:42
said issues of food security are
1:44
obviously National Security issues
1:46
meanwhile speaking to broadcasters at
1:47
the G20 Summit in Brazil on Monday the
1:50
Prime Minister said he understands
1:52
inheritance tax changes are causing
1:53
concern but he's confident the vast
1:55
majority of farms and farmers will not
1:57
be affected At All by that aspect of the
1:59
budget the amount of people it will
2:01
affect is so M more than than they've
2:03
said I mean they've got the first what
2:06
million 2 million off but it's it's once
2:09
you've waigh in tractors the machinery
2:10
and the rest of it the you know the
2:12
asset value might be high but the
2:14
returns you get on that 1% we have about
2:18
4 500 sheep 50 cattle like it's a small
2:21
family farm and yet where we're from a
2:24
really large house with maybe like a
2:26
huge Garden is worth a million so like
2:28
it it's just they haven't got the
2:30
figures right and this whole idea that
2:32
you know not many farmers are going to
2:34
be affected is ridiculous 75% of farmers
2:37
are going to be affected by this and do
2:39
you have a message for the Prime
2:40
Minister today yeah get stuffed Shadow
2:43
environment secretary Victoria Atkins
2:45
was condemned Labor's approach to tax
2:47
telling GB news that labors claim the
2:49
inheritance tax rise is to pay for
2:51
schools and the NHS is economically
2:53
illiterate what do you make of the
2:55
farmers protest let us know in the
2:57
comments and follow C for more
