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Labour Minister Has 'No Idea' Why Farmers Are Protesting in Oxford
The inheritance tax relief threshold for farmers has been raised to £2.5 million with 50% relief above that, allowing spouses to pass up to £5 million, effective April.
- At the Oxford Farming Conference on Thursday, Emma Reynolds announced the UK Government raised the inheritance tax threshold for farmers to £2,500,000, effective in April, enabling spouses to pass £5,000,000 before tax.
- Months of sustained protests by farmers, including many in London, and the abrupt Sustainable Farming Incentive closure last March damaged trust, while Baroness Minette Batters warned last year the sector was `bewildered and frightened`.
- Reynolds outlined SFI details and timelines, admitting `mistakes were made` and pledging `no more sudden, unexpected closures` with two application windows: June for small farms under 50 hectares and a wider window from September.
- Farmers protested outside The Examination Schools, Oxford, sounding tractor horns during Emma Reynolds's speech, but she said `That's it, I'm afraid` and promised regular updates on application windows.
- The Government will focus on Dartmoor and Cumbria over two years, support farmers with a £30,000,000 collaboration fund, and extend the protected landscapes programme with £30 million for next year, Reynolds said.
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Farmers block traffic outside Exam Schools to protest minister’s visit
Farmers have staged a protest action on the High street slowing down the traffic with tractors. The Environment, Food and Rural Affairs secretary Emma Reynolds was giving a speech at the Oxford Farming Conference, hosted in the Examination Schools. Farmers have staged numerous demonstrations using tractors across the UK to protest the government’s decision to apply inheritance tax to farms and agricultural businesses, announced in the October 2…
Coverage Details
Total News Sources8
Leaning Left0Leaning Right2Center3Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
C 60%
R 40%
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