Inheritance tax changes for farmers are ‘fair way to raise money’, says minister

Farmers protest in Whitehall, London, over the changes to inheritance tax (IHT) rules in the budget which introduced new taxes on farms worth more than £1 million (Jordan Pettitt/PA) - (PA Wire)

The Government has rejected farmers’ concerns over inheritance tax (IHT) changes and insisted the reforms are a “fair way to raise money”.

Chancellor Rachel Reeves was urged by opposition MPs to reverse the “family farm tax” and stop “running away” from meeting farming unions, as farmers continued their protest action on Tuesday with a “Pancake Day Rally” in Westminster.