google-site-verification: googlec7193c3de77668c9.html

Darlington farmer says inheritance tax bill could force farm sale

A farmer says if she were to die, her children would have to find £500,000 in inheritance tax.

Clare Wise’s family have had Manor Farm, near Darlington, County Durham, since 1875, but she fears changes introduced in last month’s Budget mean she will not be able to pass it onto her daughters.

“You wouldn’t ask a plumber to sell his tools and keep on working, but that’s what we’re being asked to do,” she said.

A government spokesperson said it had inherited a “£22bn fiscal hole” and with “public services crumbling” it had made a difficult decision to ensure the relief on inheritance tax was “fiscally sustainable”.


Source link

Views: 1

See also  Sharon Osbourne drops in to see Black Sabbath mural progress

Check Also

Crews still tackling New Forest fire that spread from vehicle on A31

Police have advised motorists who had to leave their vehicles behind to call 101 with …

More than 80 tackle fire at peatland nature reserve Holme Fen

Nev Burgess, Cambridgeshire Fire and Rescue Service’s incident commander, previously told the BBC it was …

Firefighters tackle blaze at Sheffield’s Full Monty club

Firefighters have been tackling a fire at a working men’s club in Sheffield which famously …

Leave a Reply

Available for Amazon Prime
elfbar elfliq with 10 mg/ml nicotine. domain names hostrite hosting news updates.