Labour Government

Welsh Conservatives said the family farm tax will be 'detrimental to the future of farming in Wales', warning that food security will be 'threatened and food prices will rise'

The NFU said the Government's initial claim that only 27% of farms will be affected by the new IHT policy 'materially underestimates the true proportion'. Their analysis found 'around 75% of commercial family farms will be above the £1 million threshold'

NFU deputy president David Exwood said it was ‘very clear that tenants will be impacted' by the Government's IHT proposals

Secretary of State Steve Reed said some landowners and farms will pay more inheritance tax as a result of the changes, but he said the Government wanted to 'support family farms'

Secretary of State Steve Reed said the roadmap would be focused on making farming and food production 'more profitable in the decades to come', and farmers will tell Government what they need to make a 'success of this vital transition'

Secretary of State Steve Reed said: "Assuming these projections from HMRC validated by Office for Budget Responsibility [OBR] and Institute for Fiscal Studies [IFS] are correct, than many of them, probably happily are wrong"

Tenant Farmers Association said they had asked the Treasury if it knew how many APR/BPR claims were made from landlords with multiple tenancies, and was told it could not provide the data

Over 1,500 farmers sent out a clear message to their MPs at the NFU rally, demanding the family farm tax to be stopped and properly consulted on

NFU president Tom Bradshaw said the situation around Inheritance Tax changes will be only be resolved by sitting down with the Chancellor Rachel Reeves ‘but at the moment she is refusing to meet with us'

Farmers Guardian reported live from the farmer protest on Tuesday November 19, and in this podcast you can hear Jeremy Clarkson's speech and from those who attended the rally