No, in reality you can't just give it over. I need the income of a rent from my farm to live on. I need to live in the farm house. Thus a gift would be a nullity. You can give your successor a very o… (View Post)
Of course the previous batch of right on proto-socialists tried to introduce "Income Tax on Land" in the 1910 Finance Act. They had maps of every farm drawn up and forms to fill out. On the… (View Post)
The Labour position on IHT on farming is so bizarre that they haven't thought through their own lack of logic. They posit there is a £22bn black hole NOW, so they will change the IHT rules in 2026. N… (View Post)