Birdwatch Note Rating
2024-11-20 16:51:30 UTC - HELPFUL
Rated by Participant: 0DB7F4A0568E12D91B5C82632A7ED5F873D1D432A0A7148D561AD3C5F0870F74
Participant Details
Original Note:
This post implies that a farm with a value of £3 million can be inherited free of tax after the changes in the Autumn 2024 Budget. This is false as inheritance tax charges will start from £1 million farmland value. Worked examples are available on the UK government website: https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief
All Note Details