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by asplake
570 days ago
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> If a farm generates £50k of income per annum, what makes it worth the £3 mm at which UK inheritance tax will likely become payable? Answer: it is worth the £3 mm only because land prices have been inflated by people purchasing land for tax planning purposes. Regardless of the rights and wrongs of the governent’s solution, the market has been distorted by an anomaly in the tax system. |
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