ChatterBank0 min ago
Tractor Tax’ - Labour Expert Calls For Government U-Turn
//The “tractor tax” row has taken a dramatic new turn after a pro-Labour tax expert used by Sir Keir Starmer to support the move called on him to reverse his decision.
Labour-supporting tax campaigner Dan Neidle says the Budget decision to charge death tax on family farms worth over £1m should be dumped in favour of a £20m threshold.
It would remove at a stroke the threat of farmers who want to pass on their farms to their children being forced to sell up to pay a massive tax bill, said Mr Neidle. Instead, the government should target rich landowners who use the current inheritance tax (IHT) exemption on farms as a tax dodge, he argued.//
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Common sense - but will Starmer listen - and should he listen?
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