Farmers Rally Against Inheritance Tax Changes in Northern Ireland
Thousands protest budget measures impacting family farms, urging the government to reconsider tax policies affecting rural communities.
- Proposed changes to inheritance tax will limit Agricultural Property Relief to the first £1 million of an estate, taxing anything over that at 20%.
- Northern Ireland's farming community argues that the tax changes threaten the generational transfer of farms and could disrupt rural economies.
- The Ulster Farmers’ Union organized a rally attended by thousands, with leaders urging Chancellor Rachel Reeves to reconsider the tax policy.
- Protests are planned in London, with the National Farmers’ Union leading a mass lobby of MPs to highlight the policy's impact on farming families.
- Government officials maintain that the changes will only affect a minority of estates, arguing the policy is balanced and necessary for public services.
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