Birdwatch Note Rating
2024-11-19 18:58:55 UTC - NOT_HELPFUL
Rated by Participant: 04D03C710AA31C0D7B2358A08B22DC2603E3670F6DB42FE322F46D2786CAD0ED
Participant Details
Original Note:
NNN - Proposed note is incorrect. Agricultural assets are considered in the £1m allowance. £1m is the cost of ONE average sized UK agricultural field (50 acres average at £10k/acre average), a combine and a tractor with planting, spreading, and logistical equipment. https://lordslibrary.parliament.uk/budget-2024-inheritance-tax-and-family-farms/#:~:text=From%20April%202026%2C%20inheritance%20tax,over%2010%20years%20interest%20free.
All Note Details