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Inheritance Tax Changes Spark Frustration Among Suffolk Farmers

1 hour ago

Inheritance Tax Changes Spark Frustration Among Suffolk Farmers
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7 Highlights

  • Inheritance tax hikes threaten future of family farms.
  • New tax affects farms with assets over £1 million from 2026.
    • Hitchcock's family farm has been in Suffolk since 1762.
    • Tax proposal is part of the Labour government's new Budget.
    • Thousands oppose the changes, protesting in Westminster.
    • Some see tax as fair, urging early retirement for farmers.
    • Concerns grow over tax impact on homegrown food support.
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