The U.K. government is implementing inheritance tax reforms that cap long-standing relief for family farms.
Critics
argue the policy forces the breakup of multigenerational farms to pay
large tax bills, leading to a surge in farmland sales.
The
changes incentivize converting productive agricultural land into solar
farms, wind projects and rewilded estates for tax efficiency.
This shift threatens domestic food security, with Britain's food self-sufficiency already declining.
The
policy is projected to raise £520 million annually for the Treasury but
could add hundreds of pounds to household food bills.
In
a move that is reshaping the British countryside, the government is
proceeding with inheritance tax reforms that critics label a "net zero
death duty." The policy, which caps a 40-year relief for agricultural
land, is forcing multigenerational family farms onto the market. The
resulting land rush is not being led by neighboring farmers, but by
institutional investors seeking to convert prime farmland into solar
arrays, wind farms and rewilded carbon sinks, raising profound questions
about national food security and the true cost of environmental policy....<<<Read More>>>...
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