• BrikoXOPM
    link
    fedilink
    English
    arrow-up
    13
    arrow-down
    1
    ·
    1 month ago

    Tax only applies to farms worth more than £1 million, so “lower and low middle class” are exempt.

    • tankplanker@lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      edit-2
      1 month ago

      It’s 3m of you are married and use all the allowances. Even then it’s only on the amount over that and at half the usual rate, then you get ten years to pay it back.