Overview
- On Monday, former prime minister David Cameron and former Labour home secretary Lord David Blunkett spoke at a packed London rally urging the government to abandon the Family Farm Tax.
- The levy was first set out by then‑chancellor Rachel Reeves as a 20% charge on inherited farm assets above £1 million before ministers raised the threshold to £2.5 million after rural protests.
- Rural groups brought tractors to Westminster, launched a “rural reset” campaign listing 27 disputed policies, and say many working family farms remain vulnerable because farm value is tied up in land and buildings rather than cash.
- The Treasury and No.10 say the higher £2.5 million threshold will protect most farms and that tax decisions rest with the Chancellor, while right‑leaning outlets have amplified a ‘Save Our Family Farms’ campaign.
- Campaigners warn the tax could force asset‑rich but cash‑poor families to sell land on a relative’s death, which they say would harm local jobs, food supply and Labour’s standing in rural constituencies.