Birdwatch Note Rating
2024-11-21 07:23:44 UTC - HELPFUL
Rated by Participant: C7436B8AA8D1805C01589A011C61D251B4FDB0EC821812A1E44681DB202AF0C9
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
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