British farmers massed in London on Tuesday for protests against controversial government plans to change inheritance tax rules for land ownership, which they claim threatens to break up the sector and hit food production.
Farming businesses previously qualified for 100-percent relief on inheritance tax on agricultural and business property, reducing the amounts that farmers and landowners pay when farmland is passed on after a death.
From April 6, 2026, however, total exemption from death duties will only apply to the first £1 million ($1.27 million) of combined agricultural and business property.
The centre-left Labour government has faced a furious backlash from farmers since the change was announced by finance minister Rachel Reeves last month, with even tech billionaire Elon Musk wading in on the row.
Musk, who has been critical of …