Bexhill MP says new inheritance tax laws will devastate family farms

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KIERAN Mullan, MP for the Bexhill and Battle constituency, met local farmers who took part in a major rally against Labour’s Family Farm Tax plans in Westminster yesterday (Tuesday).

Thousands of farmers from across the country protested in London yesterday over changes to inheritance tax for farmers which was announced in the Budget in October.

TV Presenter and Farmer, Jeremy Clarkson, also joined the protests to call on the government to change its mind over the new laws which will see inherited agricultural assets worth more than £1m liable to the tax at 20%.

More than 100,000 farms across the country will be hit by the new inheritance tax laws.

Kieran said: “Labour’s ideological decision to target family farmers – despite promising not to do so – has the potential to wreck farmer’s lives and the whole industry.

Not only have they underestimated and undervalued the farms affected by this harsh new tax, but the knock-on effects for the whole country could be disastrous.

I will stand beside our family farmers in the Bexhill and Battle constituency and those from across the country to show the Labour Government they have made not only a bad decision, but the wrong decision.

I will remain committed to helping local farmers fight this harsh new tax and gathering together will show Keir Starmer how poor his judgement is.

I would also urge people to sign our petition at www.stopthefarmtax.com.

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