Birdwatch Note Rating
2024-11-19 20:54:23 UTC - HELPFUL
Rated by Participant: 83F63907FF6D3B521C7DB35102A7F100411A06F554628AA12820877F2236D98F
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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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