UK farmers threaten strikes and blockades over inheritance tax | ITV News

Hundreds of farmers are protesting in Westminster on Wednesday as they continue to express anger over changes to inheritance tax. In October, Chancellor Rachel Reeves announced inheritance tax of 20% will apply to combined agricultural and business property worth more than £1 million - the standard rate of inheritance tax applied to other land and property is 40%. Tractors drove around Parliament Square decorated with signs that read “no farmers, no food” and “save British farming”. • Subscribe to ITV News on YouTube: http://bit.ly/2lOHmNj • Get breaking news and more stories at http://www.itv.com/news Follow ITV News on Facebook: https://www.facebook.com/itvnews/ Follow ITV News on Twitter: https://twitter.com/itvnews Follow ITV News on Instagram: https://www.instagram.com/itvnews/