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'Reverse crippling tax bill on family farmers'
Daily Express
|November 08, 2024
MPs and industry groups join forces to pile pressure on Chancellor
RACHEL Reeves has been urged to abandon "crippling new tax bills" that would punish hard-working family farms.
Furious rural Conservatives led by Harriet Cross MP delivered a letter to Downing Street calling on the Government to listen to their concerns.
Farmers are being hit by the Chancellor's "cruel" decision to axe Agricultural Property Relief.
The Express Save Britain's Family Farms crusade is campaigning for Ms Reeves to reverse the move, which would see those worth more than £1million saddled with a 20% inheritance tax bill. A letter signed by more than 100 MPs and industry groups has increased the pressure on the Government to think again.
They used the two-page statement to warn changes to APR "present serious and potentially devastating challenges to family farms and our nation's food security".
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