{"id":38506,"date":"2024-11-19T00:50:31","date_gmt":"2024-11-19T05:50:31","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/uk-farmers-plan-to-protest-at-parliament-over-a-tax-hike-they-say-will-ruin-family-farms\/19\/11\/2024\/"},"modified":"2024-11-19T00:50:31","modified_gmt":"2024-11-19T05:50:31","slug":"uk-farmers-plan-to-protest-at-parliament-over-a-tax-hike-they-say-will-ruin-family-farms","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/uk-farmers-plan-to-protest-at-parliament-over-a-tax-hike-they-say-will-ruin-family-farms\/19\/11\/2024\/","title":{"rendered":"UK farmers plan to protest at Parliament over a tax hike they say will ruin family farms"},"content":{"rendered":"<p>\n<\/p>\n<div data-article-body=\"true\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">LONDON (AP) \u2014 With banners, bullhorns, toy tractors and an angry message, British farmers are descending on Parliament on Tuesday to protest a hike in inheritance tax that they say will deal a \u201chammer blow\u201d to struggling family farms.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">U.K. farmers are rarely as militant as their European neighbors, and Britain has not seen <a href=\"https:\/\/apnews.com\/article\/europe-farmers-protests-eu-climate-elections-b6232dc455575f0dc941657fab528390\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:large-scale protests;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">large-scale protests<\/a> like those that have snarled cities in France and <a href=\"https:\/\/apnews.com\/article\/eu-belgium-farmers-protest-climate-environment-0805a11ee0d53c14caa0a1bb70b6eabb\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:other European countries;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">other European countries<\/a>. Now, though, farmers say they will step up their action if the government doesn\u2019t listen.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cEveryone\u2019s mad,\u201d said Olly Harrison, co-organizer of a protest that aims to flood the street outside <a href=\"https:\/\/apnews.com\/hub\/keir-starmer\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Prime Minister Keir Starmer\u2019s;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Prime Minister Keir Starmer\u2019s<\/a> office with farmers. He said many famers \u201cwant to take to the streets and block roads and go full French.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Organizers have urged protesters not to bring farm machinery into central London on Tuesday. Instead, children on toy tractors will lead a march around Parliament Square after a rally addressed by speakers including former \u201cTop Gear\u201d TV host and celebrity farmer Jeremy Clarkson. Another 1,800 farmers plan to hold a \u201cmass lobby\u201d of lawmakers nearby, organized by the National Farmers\u2019 Union.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Volatile weather exacerbated by climate change, global instability and the upheaval caused by Britain\u2019s 2020 <a href=\"https:\/\/apnews.com\/hub\/brexit\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:departure from the European Union;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">departure from the European Union<\/a> have all added to the burden on U.K. farmers. Many feel the Labour Party government\u2019s tax change, part of an effort to raise billions of pounds to fund public services, is the last straw.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cFour out of the last five years, we\u2019ve lost money,\u201d said Harrison, who grows cereal crops on his family farm near Liverpool in northwest England. \u201cThe only thing that\u2019s kept me going is doing it for my kids. And maybe a little bit of appreciation on the land allows you to keep borrowing, to keep going. But now that\u2019s just disappeared overnight.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The flashpoint is the government\u2019s decision <a href=\"https:\/\/apnews.com\/article\/britain-budget-reeves-labour-tax-spending-11443e4186797dcc91446dc50dcad6c5\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:in its budget;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">in its budget<\/a> last month to scrap a tax break dating from the 1990s that exempts agricultural property from inheritance tax. From April 2026, farms worth more than 1 million pounds ($1.3 million) face a 20% tax when the owner dies and they are passed on to the next generation. That is half the 40% inheritance tax rate levied on other land and property in the U.K.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Starmer\u2019s center-left government says the \u201cvast majority\u201d of farms \u2013 about 75% &#8212; will not be affected, and various loopholes mean that a farming couple can pass on an estate worth up to 3 million pounds ($3.9 million) to their children free of tax.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Supporters of the tax say it will recoup money from wealthy people who have bought up agricultural land as an investment, driving up the cost of farmland in the process.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cIt\u2019s become the most effective way for the super-rich to avoid paying their inheritance tax,\u201d Environment Secretary Steve Reed wrote in the Daily Telegraph, adding that high land prices were \u201crobbing young farmers of the dream of owning their own farm.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">But the famers\u2019 union says more than 60% of working farms could face a tax hit. And while farms may be worth a lot on paper, profits are often small. Government figures show that income for most types of farms fell in the year to the end of February 2024, in some cases by more than 70%. Average farm income ranged from about 17,000 pounds ($21,000) for grazing livestock farms to 143,000 pounds ($180,000) for specialist poultry farms.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The last decade has been turbulent for British farmers. Many farmers backed Brexit as a chance to get out of the EU\u2019s complex and much-criticized Common Agricultural Policy. Since then, the U.K. has brought in changes such as paying farmers to restore nature and promote biodiversity, as well as for producing food.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Some farmers have welcomed those moves, but many feel goodwill was squandered through missteps by successive governments, a failure of subsidies to keep up with inflation and new trade deals with countries including Australia and New Zealand that have opened the door to cheap imports.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">National Farmers\u2019 Union Deputy President David Exwood said the tax hike was \u201cthe final straw in a succession of tough choices and difficult situations that farmers have had to deal with.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The government has \u201ccompletely blown their trust with the industry,\u201d he said.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The government insists it will not reconsider the inheritance tax, and its political opponents see an opportunity. The main opposition Conservative Party \u2013 which was in government for 14 years until July &#8212; and the hard-right populist party Reform U.K. are both championing the farmers. Some far-right groups also have backed Tuesday\u2019s protest, though the organizers are not affiliated with them.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Harrison says the demonstration is intended as \u201ca show of unity to the government\u201d and an attempt to inform the public \u201cthat farmers are food producers, not tax-dodging millionaires.\u201d<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cIt\u2019s every single sector, whether you\u2019re a landowner or a tenant, whether you\u2019re beef, dairy, milk, cereals, veg, lettuce &#8212; you name it, everyone has had a hammer blow from this,&#8221; he said.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">\u201cEvery farmer is losing.\u201d<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.yahoo.com\/news\/uk-farmers-plan-protest-parliament-050934582.html\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (AP) &mdash; With banners, bullhorns, toy tractors and an angry message, British farmers are descending on Parliament on Tuesday to protest<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/world\/uk-farmers-plan-to-protest-at-parliament-over-a-tax-hike-they-say-will-ruin-family-farms\/19\/11\/2024\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":38508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/38506"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=38506"}],"version-history":[{"count":0,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/38506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/38508"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=38506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=38506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=38506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}