Kelci Melinda

Inheritance Tax Budget 2024. Farmers have travelled to london and. Under the new rules farms would be affected by the 20% inheritance tax on any value above £1m (not on the whole value) there is no inheritance tax to be paid on the value.

The government will bring inherited pensions into inheritance tax from april 2027. A number of changes to inheritance tax (iht) were announced as part of the budget measures.