Land Law Finance - Issue 14 - Autumn 2019

Tenant farmers have written to the Chancellor of the Exchequer with proposals for reform of taxation to encourage longer, more sustainable Farm Business Tenancies (FBTs). www.FARMINGUK.COM 6 Farmers wish to see a new system that supports wider government objectives for the agricultural sector including promoting longer term farm tenancies 'Tax system should not reward poor farm tenancy practice' The current taxation system 'does little to encourage good practice' and rewards landlords for taking a short-term approach, according to the Tenant Farmers' Association (TFA). TFA Chief Executive, George Dunn, said: “The Treasury has, down the years, shied away from its responsibility to consider how it can help to influence the market in agricultural