A typical family farm would have to put 159% of annual profits into paying the new inheritance tax every year for a decade and could have to sell 20% of their land, according to new analysis.
Source link : https://news.sky.com/story/typical-family-farm-would-have-to-spend-159-of-its-profits-for-a-decade-to-pay-inheritance-tax-says-rural-land-group-13252771
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Publish date : 2024-11-11 15:57:00
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Typical family farm ‘would have to spend 159% of its profits for a decade to pay inheritance tax’
