2024-11-27 17:51
My family has grown Britain’s food for 140 years. Here’s what politicians don’t understand about farming | Clare Wise https://www.theguardian.com/commentisfree/2024/nov/27/britain-farming-family-farm-inheritance-tax
Clare Wise (farmer) says:
"My family has grown Britain’s food for 140 years."
So Clare will be aware that:
In 1986-87, there were four higher rates of inheritance tax at 45%, 50%, 55% and 60%.
With a threshold of £55,000.
Which the farming Wise family survived.