There’s a lot of debate at the moment about the impact of the new imposition of inheritance tax on farms. The new budget proposals from HMG include imposing inheritance tax of 20% on any farm valued above £1m. The Government say it will only effect 500 farms, the NFU says it will be 70,000. That’s quite a big difference. But nobody seems to be sharing their calculations. Especially Rachel from Accounts. This is where I can help. Since I know nothing about farming, I’m terrible at growing vegetables and my training in estate taxation economics hasn’t begun yet, I’m clearly … Continue reading Farm prices – a novice steps in….