Steve Reed insists only a few hundred farms will be impacted by inheritance tax changes

Steve Reed insists only a few hundred farms will be impacted by inheritance tax changes

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the Labour government's tax changes, focusing on the impact on farmers and the need to address a £22 billion deficit. The government has allocated £5 billion to support sustainable farming, affecting only the wealthiest farms. The video also covers the winter fuel payment issue and the government's commitment to rural affairs, including energy bill cuts and trade deals.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason the government is asking wealthier landowners to contribute more?

To reduce taxes for smaller farms

To increase the budget for sustainable farming

To address a financial deficit inherited from the previous government

To support the National Health Service

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many farms are expected to be affected by the new tax scheme?

Less than 100

Around 500

About 1000

More than 2000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's stance on the potential sale of farmland due to tax changes?

No farms will be affected

Encourages all farmers to sell

All farms should sell to developers

Only the wealthiest farms may need to consider selling

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What message does the government have for public figures opposing the tax changes?

The government is not concerned with public opinion

The government will increase taxes further

The government is backing farming with significant financial support

The government will reconsider the tax changes

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the government's approach to the winter fuel payment issue?

They plan to eliminate it entirely

They support devolution, allowing regions to decide

They will increase the payment for all

They will reduce the payment for all

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the government plan to support farmers affected by flooding?

By offering free insurance

By increasing the inheritance tax

By providing £60 million in aid

By reducing taxes for all farmers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is the government launching to support rural communities?

A new urban development plan

An increase in urban taxes

A cross-government rural crime strategy

A reduction in farming subsidies