FARMERS from across the UK are heading to London tomorrow (November 19) to protest the Autumn Budget and its impact on family farms.
Previously farming businesses qualified for 100% relief on IHT on agricultural and business property. Now, the tax is being imposed on farms worth more than £1million, with a tax rate of 20% on assets above this threshold.
Although the government have said only around a quarter of farmers will be affected by these changes, analysis from the Country Land and Business Association (CLA) and the NFU suggests that 75% of food production could be affected by the changes.
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The NFU has organised a lobby at Church House Westminster, and 1,800 NFU members have registered their attendance.
While only 600 can be in Church House, the NFU are planning to have three rotations of 600 to ensure they can accommodate as many people as possible.
A spokesperson for the NFU said: "Through this first event post-Budget it’s vital that we leave MPs in no doubt that their constituents, their voters, won’t accept this and will hold them responsible.
"There must be a political price to pay for this decision. This mass lobby is about landing that message as we work to have this decision reversed."
If you aren't an NFU member or you haven't registered for the event, then independent farmers are holding a second rally in London.
The secondary event has been organised by a group of independent farmers, including Clive Bailye, Olly Harrison, Martin Williams, Andrew Ward and James Mills, and it will take place at Richmond Terrace on Whitehall (What3Words: fresh.butter.grapes).
Those coming to the event are being asked to gather at Richmond Terrace from 11am.
The procession will be led by a group of young children on toy tractors, a symbolic move to highlight the importance of addressing this issue before it greatly impacts their future.
The march will then return to Richmond Terrace for a final address by NFU president, Tom Bradshaw, following the lobby of MPs at Church Hall, Westminster.
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