But in the wake of Labour’s controversial tax raid on farmers, the future he imagined – and has worked all his life to achieve – is at risk.“We are looking at losing 20 per cent of the farm per generation,

Farmers are getting increasingly angry about the controversial plan to impose inheritance tax on many family farms

The National Farming Union will meet with the Environment Secretary on Monday amid growing anger over the decision to make farms subject to inheritance tax. | ITV National News

Chancellor of the Exchequer Rachel Reeves defended her move to levy inheritance tax on UK landowners who pass down agricultural property to their children, after critics said the move would hurt the sector and lead to the breakup of family farms.

Plans to scrap an inheritance tax exemption for farms worth more the £1m will not be reversed, even though "some farmers in Wales won't be happy", the Welsh secretary said. Jo Stevens defended the new tax on combined business and agricultural assets at an effective rate of 20% from April 2026.