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Simon Blackburn, head of agriculture, rural and landed estates at law firm Wedlake Bell, said: "Over time, this may compel some farming families to sell assets to meet tax liabilities, potentially undermining the scale and sustainability of their operations - particularly in the context of diminishing subsidies."
Impending changes to Inheritance Tax could see farmers facing the reality of selling their generational family businesses in order to pay a tax bill. In response to the publication of the Government's...
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