Farmers ask for inheritance tax meeting with Rachel Reeves | Inheritance tax

The National Farmers' Union (NFU) has called for a meeting with Rachel Reeves to discuss changes to The inheritance of Labor inheritance of Labor After fresh evidence of tax assembly that the scheduled changes may not be able to reach the encouraging the wandering of the rich people underpowering their wealth by luring by landbill.

The Plan of the Plan Pay, which is in force in force, “Protects it for most of the environment of the restriction of the reporting by examination for the analysis of tax (Centax) has proposed.

Dr Andy summers, the director of Centax and an associate professor of economy of economy could be better advised to reduce its use for tax planning and further businesses, including farms. “

The announceable of the chancellor in the budget of the last October she was placing farms and other farming property In inheritance to increase money to increase money for public services and close a tax solution and operated by some rich landowners Fonked uproor.

Farmers responded with Protests of pride and drowning the speeches of ministers with tractor. After, evess, they ended a decade-long exemption for farms and would, heid paying Error of the value of the value of agricultural and business ownership above £ 1m.

In an average year, the great majority (86%) influenced by the inheritance (tax rate (tax rate of tax assets found, the central analysis found, causing 70 creature that is not able to.

The NFU has several times its oppositionWarning of threats for the Farms of the UK and the food safety of the nation.

The president of the NFU, Tom Bradshaw, however, the custoder was popped the Centax report and mentioned on the chancellor and their officials to discuss the findings beforehand.

“This report gives us a chance to sit around the table, and try to adjust the recommendations that as far to delight, they better remove them from the affect family farm,” he said.

“I really worry about the period by the fall and winter for April, and we should try to get changes in place that the impact, but still meet, but still meet.”

Centax Centax found that landowners are affected by the tax returns or workplaces as they represent almost two-thirds (64%) only 42% of affected rates.

It also found that owner-farmers account for 17% of all farms, but more than a third (37%) of affected farms.

Bradshaw said that this yearally rich landowners “can pay off assets without selling assure, while selling a much larger farms or should sell a part of the farm to pay the inheritance”.

“If it is the sale of what Agriculture it may not be good that the farm is no longer livestock, it will reduce the ability to produce food,” he said.

It came as Reeves told decisions to be taxes that cannot be announced until the autumn budget, to the Guardian reported That she looked at home to increase more money from increasing inheritance tax, growing pressure on the finances of the UK.

The Chancellor told reporters on Thursday that would be decisions would be made “in the round” and the budget of the budget would be too “impulse and growth and growth and prosperous