Nigel Farage has warned that Labour’s “inheritance tax raid will destroy rural communities” as he blasted Keir Starmer and Rachel Reeves for “declaring war on small family farms”. In Rachel Reeves’s Budget announced last Wednesday, one major change to current rules was the placing of a cap on farmers’ inheritance tax relief at £1million. Asset-rich but cash-poor farms will have little to no scope to pay inheritance tax bills from farm income, meaning a sale of land and machinery would have to be made to cover the bill when the land owner dies. As a result, thousands of small family farms are l…