Thursday, November 21, 2024

#FRANCE: The Roman Empire City of Toulouse welcomes farmers. The Roman Empire City of Londinium provokes farmers. @RealConstable @BatchelorShow Occitanie

By SIMON CONSTABLE

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CC BY-SA 3.0, via Wikimedia Commons


BBC: Thousands of farmers protest against inheritance tax changes

Thousands of people have protested in London over changes to inheritance tax for farmers announced in the Budget. 


Among those marching in Whitehall was TV presenter Jeremy Clarkson, who said "it's the end" for farmers, as he called for the government to change its mind. 


The prime minister said he understood farmers' concerns and "wants to support" them but added "the vast majority" would be unaffected.


From April 2026, inherited agricultural assets worth more than £1m, which were previously exempt, will be liable to the tax at 20% - half the usual inheritance tax rate. 

Other allowances could mean a couple who are married or in a civil partnership could pass on a farm worth as much as £3m. Read more here.


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