Ministers raise inheritance tax threshold for farms after backlash
via theguardian.com
Short excerpt below. Read at the original source.
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 pressure from campaigners and MPs representing rural areas. In a statement slipped out just before Christmas, the environment department announced the U-turn […]