Give tax relief only on longer tenancies - TFA

摘要

The introduction of Farm Business Tenancies (FBTs) marked the most comprehensive deregulation of the agricultural let sector ever.They came in under the Agricultural Tenancies Act 1995, in an era that saw the deregulation of everything from the London Stock Exchange to local bus services.The free-market ethos that dominated political thinking at the time considered that the almost complete freedom of contract offered by the new legislation was the best way to ensure the most efficient outcomes for UK agriculture.