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'We need change' - protesting farmers in the South

Galya Dimitrova
BBC News
Milly Collins A woman on a farm driving a tractor on a sunny day. She is looking away from the camera.Milly Collins
Isle of Wight shepherdess Milly Collins said she was ing the protest because the government's decision was "a complete stab in the back"

"They've taken food production and food security for granted and think that food just appears out of nowhere."

Farmers across the south of England are calling for change after it was announced in the Autumn Budget that some farms would be charged inheritance tax.

Karl Franklin, a farmer in Oxfordshire, said the news had caused "shock, massive worry and stress" in the farming community.

The government said its "difficult decisions" were due to "a £22bn fiscal hole".

It is thought between 10,000 and 40,000 people will attend a protest in London on Tuesday - the biggest yet over the government's domestic policy agenda.

Before the announcement, farmers had been exempt from paying inheritance tax since 1984.

The series of changes announced by Chancellor Rachel Reeves mean that from April 2026 combined business and agricultural assets worth more than £1m would be taxed at 20% when they are ed on to the next generation.

This is half the standard rate of 40%.

There has been a range of claims about how many farms will be affected.

The largest estimate - 70,000 - relates to the total number that could ever be affected. But the number of farms to be impacted each year is likely to be about 500.

Karl Franklin Karl Franklin smiling for the camera with his dogs next to a tractor on a sunny day.Karl Franklin
Oxfordshire farmer Karl Franklin called the government's decision "a real major red flag"

Chipping Norton farmer Mr Franklin said: "British farming is built on family farms and small independent farms.

"If they start going... how are we going to be producing food in the future to come":[]}