Tag: Inheritance Tax
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One-Third of British Farmers Report Losses Amid Post-Brexit Headwinds
Overview: A Third of UK Farmers Struggle to Profit A new assessment of post-Brexit farming in the United Kingdom reveals a troubling trend: roughly one in three British farmers are not turning a profit. The findings come from McCain Foods’ inaugural Farmdex, a comprehensive survey designed to shed light on the financial health of farms…
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British farmers face losses after Brexit, Farmdex report
Introduction: A new reality for British farming A groundbreaking survey by McCain Foods, the inaugural Farmdex report, reveals that a third of British farmers are not turning a profit in the past year. Facing the combined pressures of post-Brexit policy changes, the withdrawal of subsidies, and looming inheritance tax reforms, many farmers are reporting losses…
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What to Expect as Rachel Reeves Signals a Brutal Budget for Pensions, Savings, and Inheritance
Overview: A Budget Met with High Stakes As the new fiscal plan from Chancellor Rachel Reeves nears publication, political commentators warn of a budget that could touch a wide array of personal finances. Critics argue that while Reeves promised a gentler approach than last year’s controversial tax blitz, the reality may still involve substantial adjustments…
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Budget Shock Ahead: How Rachel Reeves Could Reshape Pensions, Savings, and Inheritance
What to expect from a Reeves-led Budget With Rachel Reeves at the helm as Chancellor, the UK Budget landscape is set for a dramatic shift. Early signals suggest that, despite promises to avoid a repeat of last year’s large-scale tax blitz, the Treasury faces a tight fiscal path. Analysts anticipate at least a modest tightening—potentially…
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Budget Shock: What a Reeves Government Could Mean for Your Pension, Savings, and Home
Introduction: A Budget That Never Shies Away From Tax Britain is watching a pivotal moment as the political climate heats up around the next Budget. With Chancellor Rachel Reeves signaling a willingness to pursue bold fiscal measures, many households worry about how pensions, savings, homes and inheritances could be affected. While promises from policymakers are…
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“Damage has been done”: Farming community reacts to rumours of an inheritance tax U-turn
Rising anxiety in the farming community The talk in farming circles has shifted from policy detail to real-world fear. Even before the budget is unveiled, rumours of an inheritance tax (IHT) tweak have rippled through rural communities. Last year’s reforms, which proposed a 20% IHT on estates over £1m, sparked mass protests and deep concern…
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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…
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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…
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Inheritance tax reform: family home relief gains momentum
Overview of the findings A Royal London Ireland survey, conducted by iReach among 1,000 adults nationwide, shows a strong public appetite for shielding the family home from inheritance tax. The results indicate 83% of adults are in favour of inheritance tax relief for the family home, while 58% strongly support removing the family home from…
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Ireland Poll Supports Family Home Inheritance Tax Relief
What the survey shows A nationwide survey commissioned by life-insurance and pensions provider Royal London Ireland and conducted by iReach among 1,000 adults reveals a strong public appetite for reform of inheritance tax. The findings show 83% of Irish adults in favour of inheritance tax relief for the family home, with 58% strongly supporting removing…