IHT draft legislation: M&S worried policy could 'discourage' new entrants

Could young farmers walk away from the sector due to IHT?

clock • 2 min read
Steve McLean, head of agriculture & fisheries at M&S, said: "They [new tax changes] will be a deterrent for young people coming into the industry."
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Steve McLean, head of agriculture & fisheries at M&S, said: "They [new tax changes] will be a deterrent for young people coming into the industry."

An industry without new entrants and young farmers could be a 'disaster' for farming if taxation reliefs are taken away, a retailer has warned. Steve McLean, Marks and Spencer's head of agriculture...

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