India  
 
NewsR.in

Reeves: Most farmers won't pay more in inheritance tax

Video Credit: ODN - Duration: 00:41s - Published
Reeves: Most farmers won't pay more in inheritance tax

Reeves: Most farmers won't pay more in inheritance tax

Rachel Reeves says she is raising money in a "fair and balanced way", after receiving backlash from farmers over a new inheritance tax charge announced in her Autumn Budget.

The chancellor closed a loophole to stop rich people investing in land to reduce their inheritance tax bills, penalising them with a new million pound tax threshold.

But Reeves tells Channel 4 News, "73 percent of farmers will not be paying a penny more".

Report by Brooksl.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


πŸ’‘ newsR Knowledge: Other News Mentions

Rachel Reeves Rachel Reeves British politician (born 1979)

Farmers hit back over Chancellor's inheritance tax charge [Video]

Farmers hit back over Chancellor's inheritance tax charge

The chancellor appears to have a fight on her hands with Britain's family farmers. In her Budget, Rachel Reeves closed a loophole to stop rich people investing in land to reduce their inheritance tax bills, penalising them with a new million pound tax threshold. But farmers in Cirencester have labelled the move "demoralising" and the deputy president of NFU Cymru Abi Reader warns it will lead to "economic stagnation". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:03Published

'Catastrophic': Food prices could rise due to farm inheritance tax change, farmers warn

 Rachel Reeves' changes to agricultural inheritance tax could lead to food price rises and will have a "catastrophic" impact on family farms, farmers have warned.
Sky News
Starmer Heckled at Labour Conference [Video]

Starmer Heckled at Labour Conference

Sir Keir Starmer has been heckled during the closing moments of his address to delegates at the Labour Party conference in Liverpool. It follows a protest against chancellor Rachel Reeves who was heckled during her conference speech on Monday. Report by Chinnianl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:52Published
Reeves defends winter fuel payment cut at Labour Conference [Video]

Reeves defends winter fuel payment cut at Labour Conference

Chancellor Rachel Reeves has defended her contentious decision to cut the winter fuel payments while recognising not everybody agreed with it. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:33Published

Budget of the United Kingdom Budget of the United Kingdom Balance sheet of the British government


Facebook Facebook Social-networking service owned by Meta Platforms

100 couples tie the knot at Old Marylebone Town Hall [Video]

100 couples tie the knot at Old Marylebone Town Hall

The steps of Old Marylebone Town Hall were covered with confetti on Tuesday as 100 couples tied the knot in a mass celebration to mark 100 years of the iconic venue. The town hall, which has been the site of scores of celebrity weddings including Sir Paul McCartney, Sir Ringo Starr, and Liam Gallagher, charged the couples just Β£100 for participating in the event. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:47Published
Lammy warns of risk of escalation in Lebanon [Video]

Lammy warns of risk of escalation in Lebanon

Foreign secretary David Lammy calls for ceasefires in Lebanon and Gaza and urges Israel and Iran to avoid the risk of a regional war in the Middle East. He said: β€œAt this time, none of us want to see a regional escalation. None of us want a return to the years in which Israel found itself bogged down in a quagmire in southern Lebanon and pitched battles between Israeli soldiers and of course the Lebanese side.” Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:46Published
Luxury liner departs Belfast after being stranded for months [Video]

Luxury liner departs Belfast after being stranded for months

A luxury cruise ship has set off from a Belfast dock after unexpectedly spending four months in the city ahead of a three-year voyage. Passengers cheered, applauded and hugged the liner’s chief when he confirmed on Monday night that they were ready for departure. The residents of the Villa Vie Odyssey waved goodbye to the Northern Ireland city they had become so familiar with. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:55Published