Family farm tax bill will wipe-out profits for 10 years, warns CLA

Growers would have to allocate 159% of its profit each year just to cover the tax bill

clock • 2 min read
Family farms will be forced to sacrifice profits for more than 10 years under new APR and interitance rules
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Family farms will be forced to sacrifice profits for more than 10 years under new APR and interitance rules

Farmers could face inheritance tax bills that would wipe out their profits every year for 10 years following changes announced in this year's Budget, an industry body has warned. Modelling compiled...

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