Inheritance tax will 'devastate' family farmers

Audrey Dias
BBC Points West
Kelly Withers
BBC News, Somerset
Ben Marvell
BBC News, WIltshire
BBC The picture shows Victoria Broughton and Nigel Witcombe standing in front of a red tractor on Weston-super-Mare's seafront.   They are holding two banners. One banner says "With our farmers", the other says "Farmers to Action"BBC
Victoria Broughton and Nigel Witcombe joined the protest in Weston-super-Mare

A farmer protesting against planned changes to inheritance tax says her "whole farm could be lost".

Victoria Broughton said: "We have a farm which we have built up over 120 years, but inheritance tax at 20% will devastate it."

She joined dozens of others at a demonstration in Weston-super-Mare in Somerset, with protests also taking place in Swindon.

The government said of the change in tax: "This is a fair and balanced approach, which fixes the public services we all rely on."

From April 2026 there will be a charge of 20% inheritance tax on agricultural assets worth more than £1m for the first time, although the threshold for some farmers to pay would be £3m.

The protests were organised by campaign group Farmers To Action.

Farmers took part in a tractor convoy in Weston-super-Mare and others gathered outside the council offices on Euclid Street, Swindon.

Ms Broughton, who farms near South Petherton, Somerset said: "My children will be left with a farm that's not viable, it's going to be bought by a big investor who isn't interested in the local community."

Farmers Tim Johnson and Nick Fear standing in front of a tractor which a protest banner across it.  They are looking into the camera.
Protesters also gathered outside council offices in Swindon

Tim Johnson's family has been farming on land at Coulston, Westbury, since 1929.

He said: "We've limited this so that we're not disrupting the whole of Swindon this time, this is just to make sure everyone knows we're here."

Nick Fear, who farms near Trowbridge said: "it's an impossible task to pay the tax, carry on working as a working farm, and allow investment which won't be there.

He added: "You're going to have farms selling up left right and centre and everyone goes on about food security – it won't be there".

The picture shows a line of tractors parked along Weston-super-Mare's seafront.   There are people standing alongside the tractors.
Dozens of farmers took part in the protest along Weston-super-Mare seafront

The government expects the changes to affect the wealthiest 500 estates each year.

Ministers have maintained it will make things "fairer" and protect "small family farms".

The government has also stated that it is planning to invest £5bn into farming over the next two years.

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