Has Rachel Reeves killed the family farm? That’s one question coming out of the post-Budget scrutiny. Agricultural property has been passed on to heirs tax-free for decades. Inheritors will now have to pay 20% of the value of the agricultural and business property above £1 million. For asset rich but cash-poor family farms, will the policy be the final nail in the coffin? William Moore, The Spectator’s features editor, is joined by Neil Parish, farmer and former Conservative MP.

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