Chancellor Blocks Farmers' Tax Relief Transfer
This is a news story, published by Telegraph, that relates primarily to Rachel Reeves news.
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inheritance taxTelegraph
•Reeves hammers farmers with another inheritance tax blow
64% Informative
Rachel Reeves capped amount of agricultural assets a farmer can leave to their children tax-free at 1m.
But it has since emerged farmers will not be able to transfer their 1 m relief to their spouses.
This is despite what the Chancellor told BBC presenter Laura Kuenssberg last weekend when defending the tax grab.
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65
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64
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