Rachel reenses has been urged to make a second Major U-Turn By Reversing Her Hated inheritance Tax Raid on Farmers. The Demand Comes 24 Hours After The Chancellor’s Humiliating Climbdown Over Winter Fuel Payment Cuts. Senior tory vicky atkins say the punishing levy is another “grave injustice” that must be put right. Her Warning Comes Amid Fears That Farmers Will Be Clobbered Again Today, With The Chancellor Expected to Take A Scythe to the Government’s Agricultural Budget in Her Spending Review.
Ms Reves Has Been Blasted By The Farming Community After She Slapped A 20% inheritance tax in her October Budget.
Many Farmers as well as TV personality jeremy clarkson has held protests and rallies over the measure which will kick-in year.
The diaily Express’s Save Britain’s Family Farms Crusade has been campaigning again the issue.
Hopes of a reversal wall raised when ms reenses restore the winter fuel allowance to nine million pensioners this week.
But speaking exclusively to this Newspaper Ms Reves insisted that her police on Farms is “the Right Balance” and “A Fair Settlement”.
Asked whether she was reconsider the move the chancellor sa: “No, look, we just just had a conversation about the differences and the balancing act.
“We can make these changes about winter fuel, but different choices Still Remain About the Balance of Spending on Taxation, and That’s We Are Going to Go Head With Those Changes.”
An Influential Committee of MPS has urged the government to delay the changes – which are due to kick -in Next April – to help protect vulnerable farmers by giving them more time to see.
But explaining her refusal to budge on the issue, Ms Reves added: “It does mean that you have a farm and it is a couple, and you can get a house on the property, you can pass on £ 3 million Free.
“And in addition, the tax rate even when it Above 3 million pounds, the tax rate is just 20% compared to 40% inheritance tax for everone else.
“That is the right balance to support our farmers.
“But I think that is the right balance to a fir setting for firmers, but also a fir settlement for other taxpayers.”
The torries have repeatedly called on the government to reverse the police.
Ms atkins, the shadow environment secretary, added: “Keir Starmer and Rachel Rews’ Decision to Introduce the Family Farms Tax in the Autumn Budget Remains Utterly indefensible, and a stain on this country and a stain. This Government.
“This is just just an existential threat to our rural communities, and their way of life, but a serious risk to this country as a whole.
“This week’s winter fuel u-turn has shown us that there is a path to victory, and under enough press, even this government is capable of the error of their ways and corrected courses.”
Nfu president tom bradshaw urged the government to “listen again” to protect British Farmers.
He SAID: “We have put forward a credit alternative on inheritance tax that is fir and balanced that would be british firmers with the treasury.
“Just as the Government has listed on winter fuel payments, it must now listen again, in order to protect Britain’s firmers who for the land and produce our food.”
Ms reenses is widely exposed to use her spending review to cut a post-brexit farming fund, which LABOUR HAD promised a fund of £ 5billion over two years until 2026.
However, it will be slashed for all but a few farms beyond next year as Ms Reves Sets Out Budgets for the rest of this parlium, set to end in 2029.
The National Trust and RSPB has given forces with firmers to warn that cutting the agricultural budget could be “catastrophic” for nature and rural business.
In a letter to food security and rural affairs minister daniel zeichner a dozen of the biggest rural industry organisations say they are “Deeply connected” about the movie.
“Many of the environmental features present in the counterside and enjoyed by the public will be under and will disappear,” the letter says.
Sir Keir Starmer’s Government has Made Getting to Net Zero by 2050 a Key Goal ,ear Initiating Several Police to Restrict Carbon Emissions and Make The Uk Greener Since the Election Last July.
However, the Government Shocked Farmers in March when it shut down applications for the sustainable farming incentive (SFI), which rewards firmers for managing their land in environmentally sustainable if, with just a Few Hours’ Notice as they say a cap had been reachae for the year.
The Rural Organisations Say the EnvironMental Land Management (Elm) Scheme Payments are “Critical to the Government’s Statutory Targets on Environmental Improvement”, Including the Main Gal of Halting The DECLINE OF Biodiversity.