The star of Clarksonโs Farm, Jeremy Clarkson who has been a vocal critic of the Chancellorโs plans to raise inheritance tax for farmers is in talks with organisers to give a speech at a demonstration over the new โtractor tax.โ
On Tuesday farming leaders and thousands of farmers will proceed to Parliament Square, they have been told not to bring their farming machinery for the protest.
Writing in The Sun Clarkson slammed the inheritance tax extension proposed by Chancellor during her Autumn Budget on 30 October.
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The former Top Gear star wrote, โIโm becoming more and more convinced that Starmer and Reeves have a sinister plan.
โThey want to carpet bomb our farmland with new towns for immigrants and net zero wind farms.
โBut before they can do that, they have to ethnically cleanse the countryside of farmers.
โThatโs why they had a Budget which makes farming nigh on impossible.โ
โI think the industry is feeling betrayed, feeling angry,โ National Farmersโ Union President Tom Bradshaw said.
Bradbury told Sky Newsโ Sunday Morning with Trevor Phillips, โWe have a Government saying food security is a critical part of national security, yet theyโve ripped the rug out from that very industry which is going to invest in food security for the future.โ
The Prime Minister Keir Starmer has said he is โabsolutely confidentโ the โvast majority of farms and farmersโ wonโt be affected by the Chancellorโs plans.
The Standard reported, Starmer said, โObviously, thereโs an issue around inheritance tax and I do understand the concern.
โBut for a typical case, which is parents with a farm they want to pass on to one of their children, by the time youโve taken into account not only the exemption for the farm property itself, but also the exemption for spouse to spouse, then parent to child, itโs ยฃ3 million before any inheritance tax will be payable.
โThatโs why I am absolutely confident the vast majority of farms and farmers will not be affected by this.โ
During her Budget Rachel Reeves said, โWe will reform agricultural property relief and business relief from April 2026; the first ยฃ1 million of combined business and agricultural assets will continue to attract no inheritance tax at all.
โBut for assets over ยฃ1 million, inheritance tax will apply with a 50% relief and at an effective rate of 20%.
โThis will ensure we continue to protect small family farms with three-quarters of claims unaffected by these changes.โ
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