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The Independent UK
The Independent UK
Kate Devlin

Number of farmers hit by tractor tax ‘substantially’ underestimated by ministers, MPs told

The government’s claims around the ‘family farm tax’ have suffered a major blow after a new calculation warned they “substantially” underestimate how many will be hit by the tax raid.

Ministers claim that only around 520 farms a year will be hit by the inheritance tax hike.

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