It comes as MPs debate an e-petition over present tax exemptions for working farms.
The petition, which calls to maintain the exemptions, has attracted 149,000 signatures.
Modifications to the tax legal guidelines will see a 20 per cent inheritance tax price on farms price greater than £1 million. They had been introduced throughout the Funds by the Labour authorities and are as a consequence of come into power in April 2026.
The modifications scrap an exemption which meant no inheritance tax was paid on household farms.
Labour has insisted it won’t make a U-turn on these plans as a consequence of come into power subsequent yr.
Political figures resembling Sir Ed Davey, Nigel Farage and Kemi Badenoch – and TV character Jeremy Clarkson – again the demonstration.
On Monday, Mr Farage advised farmers gathered: “They have 100 Labour MPs which are representing rural or semi-rural constituencies.
“And, from what I can see, Joe Public is getting behind the idea that the household farm shouldn’t be pushed out of existence.
“Politically, I believe we will win this.”
He added: “Let’s say no to dying taxes. Finish dying taxes full cease.”
Tractors have already began lining up for immediately’s protest, which incorporates scheduled speeches and a drive by way of the center of London.
Farmers protest towards ‘Tractor Tax’
Right here’s what it is advisable find out about why farmers are protesting.
Why are the farmers protesting?
The autumn price range delivered by Chancellor Rachel Reeves extends inheritance tax (IHT) to agricultural land, prompting criticism from farmers. It additionally freezes the IHT thresholds for an extra two years, from 2028 to 2030.
Presently, the primary £325,000 of an property is exempt from IHT, with something above that taxed at 40 per cent. Nevertheless, varied allowances imply the edge for most individuals is significantly increased. For agricultural land, the speed will probably be imposed at 20 per cent, with a 50 per cent aid out there.
Farmers argue that they bear the brunt of a system that the wealthiest use to keep away from paying IHT altogether.
The extension of IHT to farms price greater than £1 million (though most estates valued beneath £3m won’t pay IHT as a consequence of allowances) led to protests outdoors the Welsh Labour Convention final yr.
Reform UK chief Nigel Farage (proper) with Simon and Freddie Poulter, 4, throughout the farmers’ protest in central London in November
James Manning / PA Wire
Clarkson stated final November that the Authorities was “ethnically cleaning” the British countryside to create “immigrant cities” on farms.
The star of the Amazon Prime collection Clarkson’s Farm, 64, criticised the inheritance tax extension within the Solar: “I’m changing into increasingly satisfied that Starmer and Reeves have a sinister plan,” he stated. “They wish to carpet bomb our farmland with new cities for immigrants and web zero wind farms.
“However, earlier than they’ll try this, they need to ethnically cleanse the countryside of farmers. That’s why they’d a price range which makes farming nigh-on inconceivable.”
What has the Authorities stated?
Responding to the petition that has almost 150,000 signatures, the Treasury stated that the Authorities’s dedication to farmers stays “steadfast”.
However the Authorities has insisted that there’s additionally “an pressing have to restore the general public funds in as truthful a manner as potential”.
It added: “The reform of the reliefs strikes the correct steadiness.”
Parliament is because of debate the petition – which has warned that the modifications coming into power might “devastate farms nationwide, forcing households to promote land and belongings simply to remain on their property” – on Monday.
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