Birdwatch Note Rating
2024-11-19 19:33:39 UTC - NOT_HELPFUL
Rated by Participant: 118F2A20C175874569764774D733A16127E271E2176538CAAF38854C445E6A1C
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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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