** Inheritance Tax Reform Proposes Changes to Land Ownership in Rural Britain

The UK government's budget has introduced reforms to inheritance tax relief on agricultural land, aiming to reduce the concentration of wealth and promote a more dynamic rural economy. The changes will require individuals inheriting land worth over £2 million (or £3 million if married) to pay a 40% inheritance tax rate.

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Source: https://www.theguardian.com/commentisfree/2024/nov/17/farmers-have-hoarded-land-for-too-long-inheritance-tax-will-bring-new-life-to-rural-britain