London, United Kingdom - November 19, 2024 Around 13,000 farmers from across the UK gathered in London on Tuesday to protest a new farm inheritance tax policy, arguing that the tax will place a significant burden and destroy family farms across the country. The Chancellor of the Exchequer, Rachel Jane Reeves, announced an end to inheritance tax exemption for farms in October. According to the new rules, the full relief from inheritance tax will be capped at one million pounds (around 1.27 million U.S. dollars), with 20 percent of the tax being charged above that. While the UK Treasury claims that 72 percent of farms in the country will not be affected, farmers contend that the values of farms are underestimated, and the new policy will impact 66 percent. Many fear that they will have to sell lands to cover tax costs. Despite the backlash, Prime Minister Keir Starmer insists that the policy aims to prevent wealthy landowners from committing tax evasion by purchasing farms. Shotlist: London, UK - Nov 19, 2024: 1. Various of protesters on street, holding signs; 2. Various of tractors on road, with signs reading "No Farmers, No Food"; 3. Protesters gathers around tractor; 4. SOUNDBITE (English) farmer, UK (name not given) (partially overlaid with shot 5): "I'm third generation farmer, and my children would, hopefully one day, take on the farm as well. So, yeah, it's very important for us to try and make the government realize that this is going to be a huge impact on our lives and our future. To me, obviously, if with a tax that they would, you know, put on us when my father passed away, and my mother, and also for myself, for our children, the farm will disintegrate, and we'd have to sell the farm to pay the tax. That would stop us farming."; [SHOT OVERLAYING SOUNDBITE] 5. Protesters holding signs, reading "No Farmers, No Food, No Future," "Who's beer telling porkies???", "No Farmer, No Food"; [SHOT OVERLAYING SOUNDBITE] 6. Various of protesters on street, holding signs reading "No Farmers, No Food"; 7. Various of polices on guard; protesters holding banner reading "Farmers can't afford to die! Stop the Family Farm Tax"; 8. Police cars on street, protesters walking. [Restriction - No access Chinese mainland]