Birdwatch Note Rating
2024-11-20 00:35:25 UTC - HELPFUL
Rated by Participant: 7DBFE5907B623062A4936504A1E71F994F83921EAEE0E6F0298880AE9205A633
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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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