Rachel Reeves

Jeremy Moody, secretary and advisor to Central Association of Agricultural Valuers said the Government's claim that only quarter of farms will be impacted by Inheritance Tax changes ‘misses half of the picture and so understates the effects of the change'

The event is separate to the NFU's lobby being held on the same day, but organisers stressed the events were 'complimentary' and not in competition with one another

NFU Cymru president Aled Jones said 'around £340 million should be forthcoming from the Treasury block grant to Welsh Government for agricultural support'

The mass lobby on November 19 is now at full capacity. Farmers who have not already registered for the event are warned not to travel down to London and told there will be another opportunity to make their voices heard

Minister urges industry to 'look behind the headlines' as he insists 73% of farmers will not be affected by tax changes

Nearly half of Labour voters think farmers should be exempt from Inheritance Tax

Union president Tom Bradshaw says farmers' fury was made clear during emergency Budget talks with Defra

Sarah Baker, AHDB head of economics, said: "These changes may encourage farmers to think about succession earlier than they would otherwise. For example, there is a seven-year rule which applies in the case of land transfers. This means that any land gifted to an individual will be free of inheritance tax after seven years."

NFYFC's YFC agri chair Luke Cox said the proposed tax and wage changes 'threaten the continuity and viability of farm farms and rural diversification businesses'

The group has warned the changes could ‘change family farming as we know it’