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 ...

Government proposals to tax inherited farmland have been watered down, with the planned threshold increasing from £1m to £2.5m. The climbdown follows months of protests by farmers and concern from ...

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For example, some don’t realize they may owe several hundred thousand dollars in taxes as part of their inheritance. Because each person’s financial literacy level is different, it’s critical to ...