Birdwatch Note Rating
2024-11-19 22:16:09 UTC - HELPFUL
Rated by Participant: 884B07C0F9376DE6CF8ACA9650437244CC88162AF488F6F47665544F34731A84
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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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