Tag: farms
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‘Damage has been done’: Farming community responds to rumours of an inheritance tax U-turn
What the whispers say about the inheritance tax on farms As the budget looms more than six weeks away, speculation swirls around potential tweaks to the inheritance tax (IHT) reforms first unveiled last year. Reports from Whitehall have suggested the threshold for IHT could rise from £1 million to £5 million, with a staggering £10…