Birdwatch Note Rating
2024-11-11 19:32:51 UTC - HELPFUL
Rated by Participant: D07E26D8248BE9B51771F99EE54156CCD132E376C392E0ED98060F6F1EEB0FE7
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Original Note:
The majority of farmers (estimated 72%) won’t be affected by the changes to inheritance tax. From April 2026, inherited agricultural assets worth more than £1m will be liable to the tax at 20%, still half the usual rate. They will also have 10 years to pay it. https://www.bbc.co.uk/news/articles/c8rlk0d2vk2o.amp https://www.bbc.co.uk/news/articles/c4gv8zwge10o.amp https://amp.theguardian.com/uk-news/2024/nov/01/farmers-shocked-budget-inheritance-tax-estates https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief
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