LIVE Protesting farmers are wrong about IHT raid, Environment Secretary says
The Environment Secretary has said farmers protesting in Westminster against the Government’s inheritance tax raid are “wrong”.
Steve Reed told Parliament’s Environment, Food and Rural Affairs Committee that “very, very frightening” predictions about large numbers of farmers being affected by the changes were incorrect.
“Assuming these projections from HMRC, validated by the OBR and IFS, are correct then many of them, probably happily, are wrong because there are things that they can do to plan their tax affairs as most businesses or asset owners would do to limit their liability,” he said.
“The numbers I’ve heard bandied around are enormous and very, very frightening if people were to believe them.”
Mr Reed said figures being used by critics were based on Defra data on the value of farms “and then people have drawn a straight line to an inheritance tax liability, but you can’t do that, because ownership is much more complex than one person, one farm”.
It came as tens of thousands descended on the capital, including Jeremy Clarkson and Andrew Lloyd Webber, to protest against the government’s inheritance tax raid.
‘You lot got a knee in the nuts’: Jeremy Clarkson’s speech to farmers in full
Jeremy Clarkson has addressed a crowd of around 10,000 people at the farmers’ protest in Westminster.Clarkson…
Man, 92, arrested over 1967 murder and rape of pensioner
A 92-year-old man has been arrested on suspicion of murder and rape over the unsolved killing of a woman in 1967…
Migrant who defied several attempts to deport him raped 15-year-old girl
A migrant who defied several attempts made to deport him raped a 15-year-old girl…
No 10 refuses to say if Rachel Reeves broke ministerial code in CV deception row
Downing Street has refused to say whether Rachel Reeves broke the ministerial code amid accusations that she lied about her CV…
Zoe Ball to step down from BBC Radio 2 breakfast show
BBC presenter Zoe Ball has announced she is stepping down from hosting the Radio 2 breakfast show after six years in December…
More snow expected across swathes of Britain with new warnings issued
More snow is expected across swathes of the UK after the country experienced its “the first taste of winter…
LIVE Ukraine fired six long-range missiles at Russian military facility, says Kremlin
Ukraine fired its first American long-range missiles at Russia, targeting a military facility overnight.
US-supplied Atacms missiles were used to hit an artillery depot, where North Korean ammunition was also stored, in the Bryansk border region, Ukrainian officials confirmed.
Moscow claimed its air defences intercepted five of the missiles and reported no damage.
Sergei Lavrov, Russia’s foreign minister said the strike was a clear signal the West wants to escalate the conflict, claiming it would have been “impossible” to carry out without America’s help.
Just hours after the strike, Vladimir Putin signed a law allowing a nuclear strike in response to an attack with long-range missiles.
Asked about the attack, Volodymyr Zelensky said: “We now have Atacms…we will use them.”
Their use in Bryansk contradicts reports in US media that Joe Biden had only approved such strikes in the Kursk region, which is currently occupied by Ukraine.
The US president reportedly lifted restrictions on Ukraine’s use of American-made Atacms in response to North Korea deploying thousands of troops to Russia that were heading to the frontline.
Hezbollah and Lebanon agree to US ceasefire proposal
Lebanon and Hezbollah have agreed to a US ceasefire proposal that would end the year-long conflict between the terror group and Israel, a top Lebanese official said…
Sabotage likely cause for cutting of undersea internet cables, says Germany
Germany’s defence minister has said there is no doubt that a critical undersea cable in the Baltic region was deliberately severed this week, as suspicion fell on Russia…
Why Biden’s long-range missiles won’t save Ukraine
Joe Biden’s decision to allow Ukraine to fire US-supplied missiles at targets inside Russia could help Kyiv hold on to its bridgehead in Kursk Oblast, giving it a valuable card at anticipated peace talks…
Jews and gay people should hide identity in ‘Arab neighbourhoods’, says Berlin police chief
Jews and gay people should hide their identity in parts of Berlin with large Arab populations, the German capital’s police chief has warned…
Donald Trump’s Georgia court hearing cancelled
A hearing in Donald Trump’s Georgia racketeering case has been abruptly cancelled…
Ex-Premier League footballer robbed and stabbed teenager with ‘Rambo’ knife
A former professional footballer robbed a teenager and stabbed him with a “Rambo” knife, a court heard…
Prince Harry vows to expand Invictus Games mission into schools worldwide
The Duke of Sussex has vowed to take the spirit of the Invictus Games into schools worldwide…
Cockerel that crowed 90 times in hour-and-a-half period is ‘torture’, neighbours complain
A cockerel that crowed 90 times in an hour-and-a-half period has been described as “torture” by neighbours living nearby, a court heard…
Girl Guide leaders stole £450,000 to fund luxury lifestyle
Two sisters used a charity Gift Aid scam to steal almost £450,000 while running Girl Guide groups, a court heard…
Become a vigilante to help us catch dangerous drivers, police tell public
Cyclists, car passengers and pedestrians are being urged by police to help catch bad drivers by filming dangerous motorists…
British Army fires new Archer artillery system for first time close to Russia’s border
The British Army has fired its new Archer Mobile Howitzer system for the first time…
Prosecutors drop charges against Zara Aleena’s murderer over prison affair
Prosecutors have dropped charges against Zara Aleena’s murderer over his affair with a prison worker…
LIVE Protesting farmers are wrong about IHT raid, Environment Secretary says
The Environment Secretary has said farmers protesting in Westminster against the Government’s inheritance tax raid are “wrong”.
Steve Reed told Parliament’s Environment, Food and Rural Affairs Committee that “very, very frightening” predictions about large numbers of farmers being affected by the changes were incorrect.
“Assuming these projections from HMRC, validated by the OBR and IFS, are correct then many of them, probably happily, are wrong because there are things that they can do to plan their tax affairs as most businesses or asset owners would do to limit their liability,” he said.
“The numbers I’ve heard bandied around are enormous and very, very frightening if people were to believe them.”
Mr Reed said figures being used by critics were based on Defra data on the value of farms “and then people have drawn a straight line to an inheritance tax liability, but you can’t do that, because ownership is much more complex than one person, one farm”.
It came as tens of thousands descended on the capital, including Jeremy Clarkson and Andrew Lloyd Webber, to protest against the government’s inheritance tax raid.
How Labour denied it would launch tax raid on British farmers
Labour repeatedly ruled out an inheritance tax raid on farmers before the general election…
LIVE Ukraine fired six long-range missiles at Russian military facility, says Kremlin
Ukraine fired its first American long-range missiles at Russia, targeting a military facility overnight.
US-supplied Atacms missiles were used to hit an artillery depot, where North Korean ammunition was also stored, in the Bryansk border region, Ukrainian officials confirmed.
Moscow claimed its air defences intercepted five of the missiles and reported no damage.
Sergei Lavrov, Russia’s foreign minister said the strike was a clear signal the West wants to escalate the conflict, claiming it would have been “impossible” to carry out without America’s help.
Just hours after the strike, Vladimir Putin signed a law allowing a nuclear strike in response to an attack with long-range missiles.
Asked about the attack, Volodymyr Zelensky said: “We now have Atacms…we will use them.”
Their use in Bryansk contradicts reports in US media that Joe Biden had only approved such strikes in the Kursk region, which is currently occupied by Ukraine.
The US president reportedly lifted restrictions on Ukraine’s use of American-made Atacms in response to North Korea deploying thousands of troops to Russia that were heading to the frontline.
My Lucy Letby ‘drawer of doom’ was getting full, consultant admits
A doctor at Lucy Letby’s hospital has admitted his “drawer of doom” containing the death records of babies was getting full during her time there…
Jeremy Clarkson clashes with BBC’s Victoria Derbyshire at farmers’ protest
Jeremy Clarkson clashed with TV presenter Victoria Derbyshire over the BBC’s coverage of the Government’s inheritance tax raid on farms…
Anders Breivik cuts Russian-style ‘Z’ into his hair for parole hearing
Anders Breivik appeared at a prison parole hearing on Tuesday with his hair styled into a pro-Russian symbol…