Birdwatch Note Rating
2024-11-19 16:22:13 UTC - HELPFUL
Rated by Participant: D62DD3443727C926B59AF37D79E512C875C894A41057B78DBC7B01F1CB5F395A
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