Inheritance tax could 'devastate' future of family farms

Sir Mark Spencer said Labour needs to understand how 'devastating' it could be if it imposed an inheritance tax on agricultural estates and property

clock • 2 min read
Sir Mark Spencer: "Imposing inheritance tax on family farms would be a disaster for food security, the rural economy and our environment."
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Sir Mark Spencer: "Imposing inheritance tax on family farms would be a disaster for food security, the rural economy and our environment."

Farming Minister Sir Mark Spencer has insisted potential tax increases on farm businesses could be a 'disaster' for food security. The Conservatives have accused the Labour Party of 'raiding' farm businesses...

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