Farms worth more than about $1.3 million will face an estate tax from 2026, ending a previous exemption and prompting anger in some rural communities.

Thousands of farmers around the country are gathering in London for a massive rally against Labour’s so-called “tractor tax” on Tuesday morning.Inheritance tax changes have sparked fury across the farming industry with the Budget limiting the existing 100% relief for farms to only the first £1 million of combined agricultural and business property.