Tesco, Aldi, and Lidl have backed British farmers in their dispute with the government over tax changes in the Budget. Ashwin Prasad, Tesco’s chief commercial officer, said “the UK’s future food security is at stake” and the government should pause the introduction of inheritance tax on farms worth over £1m. 

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Tesco, Aldi and Lidl hit back at farm inheritance tax

Tesco, Aldi, and Lidl have backed British farmers in their dispute with the government over tax changes in the Budget. Ashwin Prasad, Tesco’s chief commercial officer, said “the UK’s future food security is at stake” and the government should pause the introduction of inheritance tax on farms worth over £1m. Tesco is Britain’s biggest supermarket […]

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Three of Britain’s biggest retailers, Tesco, Lidl and the Co-Op, join calls for halt to inheritance tax raid as Labour chancellor tries to drum up business investment in the UK at World Economic Forum in Davos

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Britain's biggest supermarket Tesco joined calls to 'pause' a new farms inheritance tax

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Rachel Reeves told to 'pause' farm tax as supermarkets warn 'security at stake'

Three major supermarkets call for rethink of inheritance levy announced in Budget

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Farm tax raid has put Britain’s food security at risk, says Tesco

Tesco has joined other major supermarkets in warning that Labour's inheritance tax raid on farmers threatens Britain's food security.Ashwin Prasad, Tesco's chief commercial officer, backed calls for a pause in the controversial Budget measures, saying farmers "desperately need more certainty."The retail giant has aligned with Sainsbury's, Asda and Morrisons in supporting farmers' opposition to the tax changes."With many smaller farms relying on …

GB News

Tesco warns inheritance tax raid on farmers has put Britain's food security at risk

Tesco is the latest supermarket giant to hit out at Chancellor Rachel Reeves over the farm tax.

Tesco backs farmers in ongoing inheritance tax row as it warns Britain's food security is at risk

The Chancellor has been warned of farmers committing suicide as they are paying the price over her “dreadful” inheritance tax which has led to “economic illiteracy.” The Tories have said… The post Chancellor warned of farmers committing suicide over her ‘economic illiteracy’ appeared first on London Business News

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Chancellor warned of farmers committing suicide over her ‘economic illiteracy’ - London Business News

Aldi and Lidl have backed calls for a pause on inheritance tax reforms to support farmers protesting the government’s proposed inheritance tax reforms. Aldi signed a letter from the National Farmers Union (NFU) calling for a halt to the implementation of changes to the inheritance tax impacting family farms. A spokesperson for the discount giant said: “British farmers and suppliers are the lifeblood of our business. We are proud of our support f…

Retail Gazette

Aldi and Lidl join NFU calls for a halt to inheritance tax - Retail Gazette

Tesco and Lidl are among the retailers voicing concerns over the policy which will end the 100% exemption from inheritance tax on wealthier farms. Farmers have welcomed calls by major supermarkets to pause the introduction of inheritance tax for farm businesses. Tesco and Lidl are among the retailers voicing concerns over the changes, which will end the 100% exemption from inheritance tax on qualifying business and agricultural assets worth more…

perspectivemedia.com

Farmers welcome supermarkets’ backing in fight against inheritance tax changes

Lidl and Tesco have become the latest food retailers to raise concerns over the government’s controversial plans to impose inheritance tax on farms valued at over £1m. A statement from Lidl GB said: “As a supermarket, we are one of (more…) The post Lidl And Tesco Call For Pause In Inheritance Tax Change For Farmers appeared first on KamCity.

Farm inheritance tax plan has put Britain’s food security at risk, says Tesco

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