Birdwatch Note Rating
2024-11-19 23:55:08 UTC - HELPFUL
Rated by Participant: 4B3B1ED68E9A13B89CCD3654E238378201E8E207F5BD99F90B42754BBDD68E02
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