Rea Valley Tractors

Has proposed changes to Inheritance Tax placed farmers in a position where they simply do not have the capital nor the desire to invest on-farm due to economic uncertainty? What impact has this had on machinery dealerships like Rea Valley Tractors which recently entered administration?

Rea Valley Tractors has retained 20 members of staff across its seven sites in England and Wales, with 149 employees made redundant since administrators were appointed

The agricultural dealership owns Rea Valley Tractors Limited, RVT Commercial Vehicles, Altegra Integrated Solutions Ltd, Altegra Access & Security Systems Ltd, Teme Valley Tractors Ltd, and Teme Valley Tractors (Welshpool)