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House of Commons debate UK farming and inheritance tax
Posted
December 4, 2024
Views
22,718
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December 4, 2024
22,718
138
20
0.70%
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4:23:18Now PlayingToday will see a debate led by the Conservatives about UK farming and inheritance tax.
It comes as the new inheritance tax policy could affect up to five times more farms than the Treasury initially said, according to new analysis.
The government said its plan to impose 20% inheritance tax on farms worth more than £1m will affect 500 farms in the 2026-2027 financial year, based on analysis of past claims.
However, the Central Association of Agricultural Valuers (CAAV) has looked at the numbers and found 2,500 farms could be affected each year.
#skynews #politics #uk #farmers #inheritance #inheritancetax #tax
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