In this video, we dive into the recent uproar in the UK's farming and rural business communities as they react to the 2024 Autumn Budget changes to inheritance tax. Under Chancellor Rachel Reeves's new policy, agricultural estates valued over £1 million will face a 20% inheritance tax starting in April 2026. While the government claims this policy aims to redistribute wealth, family-owned farms and landed estates are warning that this move could spell the end for many multi-generational businesses already struggling to survive.

Join us as we explore how this controversial tax could lead to devastating consequences for family farms and rural businesses across the UK. We'll discuss the heartfelt story of one family farm grappling with the potential loss of their land, the National Farmers' Union's response, and the larger impact this could have on British agriculture. Watch to stay informed on the latest pension and inheritance tax updates that could reshape the future of the UK's rural economy. Don’t forget to like, share, and subscribe for more updates on pensions, taxation, and policy changes affecting people across the country.

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