Rayner fails to rule out additional inheritance tax raids on farmers
The Tories warned Labour will “come back for more” after Angela Rayner failed to rule out a further inheritance tax raid on farmers.
Alex Burghart, the shadow chancellor of the Duchy of Lancaster, sought a commitment from the Deputy Prime Minister that “there will be no further increases to inheritance tax and no further reductions to agricultural property relief or business property relief in this parliament”.
But Ms Rayner, who was filling in for Sir Keir Starmer at PMQs, dodged the question as she insisted “the vast majority of estate owners will be totally unaffected” by the so-called tractor tax.
Mr Burghart, who was standing in for Kemi Badenoch, said: “Everyone here and all the farmers at home will have heard there was no guarantee there. We know what that means: They are coming back for more.”
The senior Tory claimed Labour was punishing groups of people who did not vote for the party at the general election, as he pointed to the tractor tax, VAT being imposed on private school fees and employer National Insurance contributions going up.
Ms Rayner later claimed there had been “scaremongering” around the tractor tax and said: “Our plan is sensible, fair and proportionate and protects the smaller estates while fixing public services that they rely on.”
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Source: telegraph.co.uk