M&S backs farmers over UK Labour ministers in inheritance tax row
Source: BBC
Adrian BrownePolitical reporter, BBC Wales NewsPA MediaThe head of agriculture and fisheries for M&S warns the change would "impact confidence"A senior executive at major UK retailer Marks and Spencer has criticised planned changes to inheritance tax, warning they will put off young people from working in farming.From April 2026, inherited agricultural assets worth more than £1m will be taxed at a rate of 20%,…
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