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The UK Government will raise the inheritance tax relief threshold for farmers from £1 million to £2.5 million in a climbdown following months of protest.
Government proposals to tax inherited farmland have been watered down, with the planned threshold increasing from £1m to £2.5m. The climbdown follows months of protests by farmers and concern from ...
The Government has u-turned on plans to impose inheritance tax on farms worth upwards of £1million, raising the threshold to £2.5million instead. The change of heart, which is expected to lift most ...
Thanks to the 7-year rule, some people can say goodbye to Inheritance Tax, as it will allow some assets to be exempt from tax ...
The UK Government has now amended its earlier proposed changes to Inheritance Tax for farmers, following months of widespread protests, mounting political pressure, and concerns over the potential ...
Farmers launched a noisy protest involving tractors in the centre of Oxford to lobby the government for further concessions ...
Farmers are 'extremely frustrated' over a government meeting on inheritance tax, according to the leading union. The National Farmers' Union (NFU) have said "the government will reap what it sows" as ...