U-turn lifts limit from £1m to £2.5m after protests and warnings that family farms were at risk Ministers will increase the threshold for taxing inherited farmland from £1m to £2.5m after months of ...
Simply sign up to the UK tax myFT Digest -- delivered directly to your inbox. Fewer farmers will start paying inheritance tax from April after UK ministers were forced into a £130mn climbdown by a ...
Section 21 Inheritance Tax Act 1984 allows an exemption from Inheritance Tax (IHT) on gifts made by way of a donor’s normal expenditure out of income where certain conditions are met. As there is no ...
Controversial reforms to inheritance tax are the "single biggest issue" facing farmers, according to a long-awaited report into the profitability of the sector. The Farming Profitability Review - ...
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