Farmers Protest Inheritance Tax Changes at Welsh Labour Conference
Prime Minister Keir Starmer defends budget decisions as farmers rally against new tax measures.
- Farmers gathered in Llandudno to protest against inheritance tax changes included in the recent budget.
- Prime Minister Keir Starmer, speaking at the Welsh Labour conference, stood firm on the budget, citing economic stability.
- Farmers argue the inheritance tax changes will negatively impact a significant portion of the agricultural sector, contrary to government estimates.
- The Treasury claims only 28% of farms will be affected, while farmers and other sources suggest the figure could be as high as 66%.
- Tenant farmers fear evictions due to tax changes, raising concerns about the future of tenant farming in the UK.