Birdwatch Note Rating
2024-11-21 15:59:58 UTC - HELPFUL
Rated by Participant: F5B524FAFE8E3479336A0721712389713CF0E13D63D4389AC0FC118E2A9E15E2
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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