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‘Heartbroken’ young farmers join London protests over Labour’s inheritance tax changes

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In the early hours of the morning, Tom Lucas, 16, ascended to his 16-year-old Jargson, called for the sick college, and started an eight-hour trip to London-where he was walking only 16 miles per hour .

The young farmer from Cambridgeshire made a trip to join hundreds of farmers and their vehicles – contractors, agricultural trucks and even tanks – that define Whitehal to protest against the inheritance tax reforms planned in the Labor Party. The proposed changes will provide a 20 % tax on farms valued at more than one million pounds, a move that sparked an unprecedented violent reaction from farmers and the broader food industry.

For Lucas, the possibility of losing his family on a 130 -acre farm that has had a “very terrible” century. Clear:

“If you want to seize our small family farm, I will have to find a lot of money. What I would like to pay towards the inheritance tax is less than I would have turned in one year. It will take five years to pay that, and you must take a wage from it yourself.”

“I don’t know any farmers who take a wage. They are all only working for her love.”

Richard Shepherd, a dairy farmer from Shicheir, who attended the protest with his parents and his wife. Through the inheritance tax bill worth one million pounds, it is afraid that the working capital will be afraid of their business.

“The problem is that we will have to sell lands to help pay this, and suddenly, we start losing the capital we need to produce milk and keep the farm.”

His father, Ivan Shabard, added that the farmers “do not take leave”, remembering how he worked several hours on the farm before heading to London to protest.

The demonstration, organized by Save British Farming, follows months of pressure on the government. Supermarkets of the National Union of Farmers (NFU) has supported a reflection, and thousands of farmers have walked in London since the budget declared in November.

Veteran farmers James Hardstafe, whose farm was in Nutinghamsheire in his family for more than 300 years, described politics as a “traditional tax” that could force the farmer to sell land and reduce production.

It will have great effects on our family. It will be difficult. “

HardSff, who is still working in retirement age in the past, explained that high costs have already increased implants, and the proposed tax repairs will add more financial pressure.

Despite the protests, the Labor Party rejected its position on the inheritance tax by 20 %. This policy has brought widespread criticism from farmers, supermarkets and rural societies, with fears that British agriculture will undermine and pay many farms run by a family of business.

While the government faces an increasing opposition from the agricultural sector, the protests shed light on the in -depth gap between policy makers and agricultural society, with the fear of many farms dating back in the coming years.


Jimmy Young

Jimmy is a major business correspondent, as he brings more than a decade of experience in the commercial reports of small and medium -sized companies in the United Kingdom. Jimmy holds a certificate in business administration and regularly participates in industrial conferences and workshops. When not reporting the latest business developments, Jimmy is excited to direct journalists and new businessmen to inspire the next generation of business leaders.

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