West Lindsey District has thrown its weight behind opposition to the Government’s changes to inheritance tax, which it says will have devastating impacts on rural communities, food security, and environmental conservation.
The council is to write to Chancellor Rachel Reeves deploring the decision to scrap Agricultural Property Relief, which has been instrumental in allowing British family farms to remain intact across generations, supporting food security, sustaining rural communities, and aiding environmental stewardship.
It is estimated to impact over 70,000 family farms, leaving the average farming family with a tax bill of at least £240,000. It forces many to sell portions of their land or close entirely, paving the way for corporate ownership and lifestyle buyers over family ownership.
Cllr John Barrett put forward a motion to full council in which he said: “This Council believes this inheritance tax will have severe impacts on food security. Selling off land or closing farms will risk our national food independence when global stability is already fragile. British family farms are critical to ensuring a steady supply of homegrown food.”
He added: “This is something that is close to my heart. About 60 years ago I had a number of relatives who had small farms up in West Yorkshire. A similar thing happened and they now have no farms and they had to sell up to developers.”
