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Tesco Urges Government to Protect Farmers from Tax Hike

1/24/2025

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Summary

Story summary

Tesco is calling on the UK government to halt proposed changes to Agricultural Property Relief, warning that a 20% tax on inherited farmland could jeopardize food security and harm farmers. The retailer stresses the importance of consultation and a clear, long-term strategy to support sustainable farming investments.

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Story summary

Tesco is calling on the UK government to halt proposed changes to Agricultural Property Relief, warning that a 20% tax on inherited farmland could jeopardize food security and harm farmers. The retailer stresses the importance of consultation and a clear, long-term strategy to support sustainable farming investments.