Furious farmer tells GMB - 'Rachel Reeves has given my family £1m tax bill'

3 days ago 2

A 5th procreation husbandman has told Good Morning Britain that her household workplace would beryllium forced to wage a £1 cardinal taxation measure up of protests successful Westminster today.

08:13, Tue, Nov 19, 2024 | UPDATED: 08:21, Tue, Nov 19, 2024

GMB: Farmer debates inheritance taxation enactment with Bill Rammell

farmer from North Yorkshire whose household has worked connected the onshore since 1928 has told Good Morning Britain that they volition "really struggle" to header with Labour's changes to cultivation inheritance tax.

Rebecca Wilson told Susanna Reid and Richard Madeley that she could beryllium forced to merchantability portion of the workplace if the Government's plans to bounds the existing 100% alleviation for farms to lone the archetypal £1 cardinal of combined cultivation and concern spot spell ahead.

It comes up of protests co-ordinated by the National Farmers' Union (NFU) successful Westminster today, urging Chancellor Rachel Reeves to scrap the plans.

Rebecca said: "Our profitability connected the workplace has been struggling for galore years now. We're truly constrained by things similar proviso concatenation and yet we're terms takers truthful the marketplace decides what we get for our products.

"It doesn't screen costs of production, peculiarly successful caller years with truly precocious input costs. And ultimately, we don't caput paying tax, but if we don't person the currency travel successful our concern comparative to the size of assets, we're truly going to struggle."

Farmer tells GMB Labour has handed her '£1m taxation  bill'

Farmer tells GMB Labour has handed her '£1m taxation bill' (Image: ITV)

Jeremy Clarkson is expected to articulation  today's protest

Jeremy Clarkson is expected to articulation today's protestation (Image: Getty)

Richard noted that cipher could impeach her of "buying the workplace arsenic a taxation dodge", a disapproval that has been levelled astatine immoderate protesting farmers, arsenic the onshore was "in the household and the blood".

He besides asked if, successful the worst lawsuit scenario, Rebecca's parent's passed distant this year, she would consecutive distant person to enactment the workplace connected the market.

She replied: "We bash not person the currency successful our concern to pay, for us, astir a £1 cardinal taxation bill. I admit that we are being allowed to wage it implicit 10 years but determination is involvement connected that and we simply bash not person the wealth determination to wage it.

"The lone enactment for america would beryllium to merchantability a information of the workplace which again puts the fiscal viability astatine risk."

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The NFU is holding a wide lobby of MPs successful London today, with 1,800 of its members expected to amusement up successful support. Backbenchers are being urged to basal up to the government's plans to enforce inheritance taxation connected farms worthy much than £1 cardinal which were antecedently exempt.

Thousands much are readying to articulation a abstracted rally successful Whitehall successful protestation against past month's budget, which means landowners with farms worthy implicit £1 cardinal volition wage a 20% taxation rate.

Celebrities including Jeremy Clarkson, who told The Times that avoiding inheritance taxation was a large information for buying farmland, are expected to articulation the rally.

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