Great news the government has listened in part to the industry and rural MPs.
The proposed threshold for IHT to increase to £2.5m per person for business owners.
Unfortunate it's taken them so long to make this U turn with needless financial and mental pressure on many family businesses.
https://www.gov.uk/government/news/inheritance-tax-reliefs-threshold-to-rise-to-25m-for-farmers-and-businesses?fbclid=IwdGRjcAO3c0xjbGNrA7dzKmV4dG4DYWVtAjExAHNydGMGYXBwX2lkDDM1MDY4NTUzMTcyOAABHth54snKuFd612_49KC3bdLrBy7YH-TVAZeaEyk74PxOZI1f8s4k7l2d23q2_aem_ixvQL2FNZ3Ir4j3HYzsZTg
Westmorland Accountants
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Westmorland Accountants is based in Cumbria. We provide accountancy, tax & advice to individuals and Westmorland Accountants is based in the Eden Valley.
We provide accountancy, tax & advice to individuals and businesses, specialising in the rural sector.
Great summary by our local MP on today's Spring Statement
29/11/2024
How AMAZING does our Christmas Window look!!!
The children and teachers at Warcop CE Primary School has done a great job. 🎄⛄🎁 Thank you for agreeing to do the window again.
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3-5 Boroughgate
Appleby
CA166XF