Jeremy Clarkson finds loophole to assist farmers keep away from Reeves’ tax raid | Politics | News | EUROtoday

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Top Gear and Grand Tour host turned farming campaigner Jeremy Clarkson has uncovered a gap in Rachel Reeves’ tax on farmers.

The Chancellor introduced in her Budget on October 30 that, from April 2026, inheritance tax reduction for enterprise and agricultural belongings can be capped at £1million, with a brand new decreased fee of 20% being charged above that.

This has been met with passionate resistance from farmers, with a number of protests going down in Whitehall.

Mr Clarkson, who presents the profitable Amazon Prime collection Clarkson’s Farm, has voiced his opposition to the coverage, suggesting that life is already tough sufficient for agricultural employees.

Now, he has advised farmers about an “ingenious” loophole that might be used to flee Ms Reeves’ money seize.

Mr Clarkson desribed a “complicated” strategy to receive an unencumbered inheritance from a hypothetical aged widower farmer to his son in his Sun column.

The Who Wants to be a Millionaire host advised that the son divorce his spouse in order that she will be able to then marry the daddy. Then, after the latter’s loss of life, the farm would then passe to her with out passing by way of the Chancellor’s fiscal ringer.

The scheme pays off when the son remarries his ex-wife, and mother-in-law. This implies that the farm is transferred from father to son with out having to pay the punitive levy.

A glad Mr Clarkson then enthused: “Bob’s your uncle!”

Although, this plan appeared to have a problem with it after the Cotswolds seed sewer advised it to a farmer pal. He fretted that he couldn’t take benefit on account of solely having daughters.

Mr Clarkson advised him to “relax”, and suggested him to marry his son-in-law.

The column learn: “We live in modern times. That’s allowed now.

Mr Clarkson ended by writing: “And it’d be worth it, just to see the cross look on Ms Reeves’ face.”

https://www.express.co.uk/news/politics/2008962/jeremy-clarkson-rachel-reeves-farmer-inheritance-tax