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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

Íæż½ã½ã 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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