Environment secretary insists "most farms won't be affected"
Video Credit: ODN - Duration: 01:07s - Published
Environment secretary insists "most farms won't be affected"
Environment secretary Steve Reed has insisted "only around 500 farms will be affected" by the new family farm tax.
The plans to impose inheritance tax on farms worth more than £1 million have sparked fury among rural communities, with thousands of farmers descending upon Westminster on Tuesday in protest.
"The vast majority of farms will pay nothing more under the new scheme - that's been validated by the Independent Office for Budget Responsibility," Mr Reed added.
Report by Kennedyl.
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The government has announced new regulations that mean six water companies will be banned from paying bonuses to senior bosses. Environment Secretary Steve Reed also spoke about criminal investigations into water companies and private investment into sewage treatment.
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Steve Reed has defended the government's decision to introduce inheritance tax on farms worth over £1 million. The environment secretary said Labour's Inheritance Tax plans became necessary because of..