Along with thousands of other farmers, the father-of-three fears he will no longer be able to pass on his family business after the controversial Budget raid on inheritances.
Olly, 43, said he could be forced to sell around a third of the farm when he inherits it from his 76-year-old father Thomas to pay tax bills. The fifth-generation farmer told the Express he wanted to say to the Government: "You are stealing our children's future and destroying the hard work of generations before us.
"No one owns a farm, you just look after it for the next generation. I was lucky enough to be able to have the opportunity to look after it and I want my children to have the same - but the way it is now, that's impossible." Chancellor Rachel Reeves unveiled reforms at last month's Budget limiting the existing 100% relief for farms to only the first £1million of combined agricultural and business property.
But the measure has sparked widespread fury from farmers who are demanding a U-turn.
Yesterday more than 100 farmers took part in a go-slow demonstration with tractors in Dover, Kent.
This story is from the November 28, 2024 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 28, 2024 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Cherries in perfect away day
OVER the years, Newcastle have suffered a few hidings at St James' Park.
All so close to the bone
FLICK through the BBC's various offerings tonight, shortly after 9pm, and I'm afraid you're likely to stumble upon a human skeleton. Quite a dead one at that. You'll also see it being forensically examined for clues. \"Who was this woman?\" a lady expert is asking. \"And what sort of world did she inhabit?\"
New year bounce for house prices
THE average price for a home has recorded its biggest new year bounce since 2020, according to a property website.
Largie has Leeds head over heels
LARGIE RAMAZANI'S late stunner sealed a Yorkshire derby victory which sent promotion favourites Leeds back to the summit.
Painful exit for injured Draper
Jack retires in agony due to hip problem
Pals' pain led Pete to charity record
PETE Townshend has opened up about the \"pain\"of Parkinson's disease as The Who star threw his weight behind a charity album.
Police probing funeral firm hand file of evidence to CPS
POLICE investigating a funeral business have passed a file of evidence to prosecutors so they can consider bringing charges.
Angry Foxes fans round on Ruud
RUUD van Nistelrooy named almost exactly the same starting XI for this as he did for the midweek clash with Crystal Palace. But it made no difference as the Foxes slumped to their seventh straight defeat \"\"\"\"\" their worst run in the Premier League since 2001 \"\"\"\"\" and it tipped the King Power Stadium over the edge.
Bond and Rocky Horror do the time warp in film poster sale
A POSTER of James Bond with scantily dressed girls in the first movie featuring the superspy is being sold for up to £12,000
Petrol bombed hero's 300-mile Arctic challenge
Kane and author Brian Wood - to join him on his challenge. They will take on the Montane Lapland Arctic Ultra in March, which will see them trek through snow and ice-covered rivers, lakes and forests to raise money for Armed Forces charity SSAFA.