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Farmers fear being ‘broken’ by Labour’s inheritance tax as 89% scrap investment
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GB News
Farmers fear being ‘broken’ by Labour’s inheritance tax as 89% scrap investment
New research has found 89 per cent of rural family businesses are scrapping investment for fear of the new Inheritance Tax threshold.
A survey by the Country Land and Business Association found farmers have shelved projects worth anything from £50,000 to over £150,000.
Nearly 50 per cent said they would have to sell at least a quarter of their land to cover any potential bill, with one in four saying they’d have to…
18 Oct, 11:53