Birdwatch Note Rating
2024-11-20 13:30:55 UTC - HELPFUL
Rated by Participant: 2F5D09BD56153A54D4014262B31C3CD10F333EEC33FD7B82854FCB97EFAA392F
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
All Note Details