Tag: family farming
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Damage has been done: Farming community reacts to rumours of inheritance tax U-turn
Overview: Rumours of an IHT U-turn As the budget approaches, whispers of potential changes to the inheritance tax (IHT) reforms for farms have sent ripples through rural communities. Last year’s plan to impose a 20% IHT on estates over £1 million sparked widespread protests and fears that small farms could be forced to sell to…