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Keyword: britishfarmers

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  • Thousands of British Farmers Protest Changes to Inheritance Tax

    11/20/2024 1:47:37 AM PST · by george76 · 19 replies
    Legal Insurrection Foundation ^ | November 19, 2024 | Mary Chastain
    The farmers are also mad over the government changing farm subsidy schemes, such as a 40% tax on fertilizer.. Thousands of British farmers have been protesting in Westminster against changes to the inheritance tax rules. Rachel Reeves, the Chancellor of the Exchequer, announced the plans included adding a 20% inheritance tax on farms worth more than £1 million (around $1,264,718.16). It would start in April 2026. People are ticked off because the Labour Party promised to support farmers. Sky News spoke to one farmer: “It’s unfortunate, as Labour had originally said they would support farmers,” said fourth-generation farmer Will Weaver,...