This is a west Wales news story, published by Guardian, that relates primarily to Rachel Reeves news.
For more west Wales news, you can click here:
more west Wales newsFor more Rachel Reeves news, you can click here:
more Rachel Reeves newsFor more United kingdom business & economics news, you can click here:
more United kingdom business & economics newsFor more news from Guardian, you can click here:
more news from GuardianOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about United kingdom business & economics, you might also like this article about
inheritance tax. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest maximum inheritance tax rate news, inheritance tax rules news, news about United kingdom business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
heirs taxGuardian
•73% Informative
Chancellor Rachel Reeves announced changes to inheritance tax rules last week .
From April 2026 , farms and other business property will fall within inheritance tax.
Inheritors will have to pay 20% of their value above 1 m, half the headline 40% rate of 40% .
Scores of farmers responded to a Guardian callout asking about the planned changes.
Gerallt Lloyd , 47 , still works for his 77-year-old father on the same land in west Wales .
He owns 120 acres , but in addition rents 150 , which he says “helps to make the farm viable” But Lloyd fears the chancellor’s decision to change agricultural property relief will mean his children will be deprived of that opportunity.
“This could be the death knell for many family farms.”.
VR Score
73
Informative language
68
Neutral language
75
Article tone
informal
Language
English
Language complexity
29
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
2
Affiliate links
no affiliate links