Birdwatch Note Rating
2024-11-21 19:48:27 UTC - HELPFUL
Rated by Participant: 92CEE33E33DF92CC6F9D1A86B8AB9974484ABE5D60878BD8C929E50F9F8CBB28
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