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Farmers Protest 20% Inheritance Tax on Agricultural Assets

12/18/2025

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Story summary
  • The government will impose a 20% inheritance tax on agricultural assets above £1 million from April 2026.
  • Baroness Minette Batters of the National Farmers' Union reports rising operational costs and extreme weather pressuring the sector.
  • Farmers participate in protests against the so-called 'tractor tax'.
  • The National Farmers' Union warns the tax could force elderly farmers to sell assets to meet tax liabilities.