The UK government said Tuesday it will raise inheritance tax thresholds for farmers' estates from £1 million to £2.5 million, ...
Under the revised framework, the threshold for individual inheritance tax relief on agricultural property will rise to £2.5 million from £1 million. This change is designed to protect more ...
From next April, 100% agricultural property relief will stay for the first £2.5million of combined agricultural and business assets to help protect family farms.
Stuart MacLennan is a member of the Labour Party. Much has been made of proposed changes to inheritance tax for agricultural property in the recent UK budget. Opponents have focused on the number of ...
Farmers and business owners are being urged to check their wills after the government released more details of new rules that will see them liable for inheritance tax from next year. Elsa Littlewood, ...
The latest data from HMRC shows inheritance tax (IHT) receipts are up £84 million annually and continues an upward trend over ...
Wealthy families are bracing themselves for inheritance tax (IHT) changes in the government's Budget next month. Chancellor Rachel Reeves has warned of tax rises in her October Budget to address a £22 ...
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