Henry Tufnell – Labour MP for the rural seat of Mid and South Pembrokeshire – blasted Reeves’ Farm Tax on GB News last night. Speaking to Gloria de Piero he said the Treasury is wrong in its claim that the tax will only have a limited impact:
“I’m not going to speculate on the budget, but what I what I will say is, and I’ve been very vocal about this, is that there will be a significant impact on Pembrokeshire farmers as a result of this change to the inheritance tax. And I don’t agree with the assessment that the Treasury have made about that impact. I’ve gone and spoken to Pembrokeshire farmers locally… The impact on them will be greater than what the Treasury is saying it will be. And that gives me great concern because agriculture is a huge part of our rural community, rural identity. And it’s hugely important to Pembrokeshire as a county.”
Tufnell will not be the only rural Labour MP seeing the impact of Reeves’ tax, which in a best-case scenario will only raise £500 million. And she’s coming back for more this November…
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