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Comments by "Greg Greg" (@SlowhandGreg) on "'She's made a real McMess of this' | PMQs Analysed | LBC" video.
The IHT on farms is to stop people like DYSON buying up farms and driving up prices to avoid IHT Family farms have a limit of 3 million quote The updated relief can in fact be even more generous for true family farms than the £1m headline. A married couple owning a farm together can split it in two, meaning it qualifies for £2m of agricultural property relief, plus another £500,000 for each partner if a property is involved. That means a farm worth £3m might pay zero inheritance tax, said Arun Advani, associate professor of economics at the University of Warwick and a director of CenTax.
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