Overview

• The UK government’s new inheritance tax policy imposes a 20% levy on agricultural estates valued over £1 million, starting in April 2026.
• Farmers argue the policy threatens family farms, citing concerns about food security and the financial strain on asset-rich but cash-poor businesses.
• The National Farmers' Union (NFU) is organizing a national day of action on January 25, including tractor rallies and roadside banners targeting rural Labour MPs.
• The government defends the policy as fair, claiming it will only affect around 500 estates annually and includes provisions for interest-free payment over ten years.
• Labour MPs in rural constituencies face growing pressure from constituents and farming groups, with some expressing opposition to the changes.