Birdwatch Note Rating
2024-11-20 02:14:44 UTC - HELPFUL
Rated by Participant: 282AEB618960CE047E843C93BBFF8C4BDCF5B2329283123FFC4D673F17AF90AA
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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
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