In its election manifesto, the Labour party, now the Government, made a promise: “Labour will not increase taxes on working people, which is why we will not increase National Insurance, the basic, higher,

By Sarah Young LONDON (Reuters) -Thousands of farmers protested at Britain's parliament on Tuesday, some driving tractors through central London, to demand the scrapping of an inheritance tax that they say will destroy family farms and threaten food production.

It’s not just farms — taxing family firms in the throes of succession is a bad idea.

Steve Reed, the former environment secretary, said before the election it was ‘desperate nonsense’ he was planning to scrap tax breaks

From April 2026, farms with a value of £1m+ will be subject to an inheritance tax of 20%. Read more

British farmers massed in London on Tuesday, calling on the Labour government to scrap plans to change inheritance tax rules for land ownership, which they say threatens the agriculture sector

Demonstration marked the first major challenge to Prime Minister Keir Starmer since Labour swept to power in July