Business Live I Farmers launch second protest over Budget’s inheritance tax changes

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Business Live I Farmers launch second protest over Budget's inheritance tax changes

Watch Business Live With Darren McCaffrey.

Farmers are descending on Westminster once again as they continue to oppose the changes to inheritance tax announced in the budget.

The government is sticking to its plans to impose a 20% inheritance tax on farms worth more than £1m in a bid to stop wealthy people buying up land to avoid inheritance tax.

However, farmers say small family farms will be impacted, and it will destroy them.

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Date: December 11, 2024