Birdwatch Note Rating
2024-11-20 06:12:01 UTC - HELPFUL
Rated by Participant: C1AF9265E1C6B6AA7364DC9B1F91735D4CC7EEF9795F82C789DD0686D7DD64FC
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
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