#FarmersProtest
#FarmersProtest
The £1m is ON TOP of standard exemptions. So it's £1.3m tax-free if includes a residence. £2.6m if the spouse inherits. £3m if kids get some too.
And the tax is on surplus, not the total.
www.bbc.co.uk/news/article...
The £1m is ON TOP of standard exemptions. So it's £1.3m tax-free if includes a residence. £2.6m if the spouse inherits. £3m if kids get some too.
And the tax is on surplus, not the total.
www.bbc.co.uk/news/article...