JAMES McMurdock, Member of Parliament for South Basildon and East Thurrock, stood in solidarity with thousands of farmers in London today to protest changes to inheritance tax for agricultural assets announced in the recent Budget.
The demonstration, which saw over 10,000 people marching through Whitehall, included prominent figures such as TV presenter Jeremy Clarkson, who described the policy as marking “the end” for many farmers. Clarkson urged the government to reconsider, emphasizing the profound impact on rural communities and livelihoods.
Prime Minister Sir Keir Starmer acknowledged the concerns raised by the farming community, stating that while he “wants to support” farmers, “the vast majority” would remain unaffected by the changes. Starting April 2026, agricultural assets valued above £1 million, previously exempt, will face a 20% inheritance tax—half the standard rate. Additional allowances mean that married couples or civil partners could potentially pass on up to £3 million without incurring tax.
Farmers, however, argue that these provisions fail to account for the unique financial challenges they face. While their assets, including land and livestock, may hold significant value on paper, they often lack the cash flow needed to meet such tax obligations, potentially forcing sales that jeopardize their businesses.
James McMurdock began the day at a National Farmers’ Union (NFU) mass lobby near Parliament, where over 1,800 NFU members gathered. The union’s president delivered a passionate critique of the policy, calling it “a stab in the back” and “a kick in the teeth” for an already struggling sector.
After the NFU meeting, McMurdock met with farmers from the South Basildon and East Thurrock constituency, offering them a platform to share their concerns directly in Parliament. He also joined the march through Whitehall, standing shoulder to shoulder with his constituents and other farmers calling for urgent action.
McMurdock said after the protest “This policy poses a significant challenge for farmers who are already grappling with a range of difficult issues.
Farmers are the heart of our domestic food system, the work is physical, the hours are long, they are at the mercy of global markets and our unpredictable weather. They work tirelessly to provide our nation with a base line of security that we weaken at our peril.
It’s crucial that we recognise the unique pressures they face, especially when it comes to passing down family farms that have been in the same hands for generations. Introducing additional tax burdens at this time, despite being promised these taxes would not be introduced will put many in an impossible position.
Farmers are the heart of our domestic food system, the work is physical, the hours are long, they are at the mercy of global markets and our unpredictable weather. They work tirelessly to provide our nation with a base line of security that we weaken at our peril.”
