Tractor tax more likely to hit working farmers than wealthy landowners, think tank tells Reeves

Rachel Reeves should water down her inheritance tax raid on family farms to protect workers, according to a think tank that championed the controversial Labour policy.

The Centre for the Analysis of Taxation (CenTax), which has been broadly supportive of the idea of a so called ‘tractor tax’, warned that landowners were “less likely to be impacted by the reform than working farmers”.