Birdwatch Note Rating
2024-11-12 07:20:59 UTC - NOT_HELPFUL
Rated by Participant: 464DEE25A35025524FD8F421D06D74D83925F009FA5A1E1A44021BEE378D1B2E
Participant Details
Original Note:
Most farmers, about 72%, will not be impacted by the inheritance tax changes. Starting in April 2026, inherited agricultural assets over £1 million will incur tax at 20%, which is half the standard rate. There will be a 10-year period allowed for payment. 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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