Saturday, November 23, 2024

Never wrong for long

The BBC Verify team have had a second go at the impact of the Government's extension of inheritance tax to farms. The first version took flak for using the opinions of Dan Neidle, tax consultant and Labour Party member. 

This time there's a denser piece, with more 'experts', but it's clear that Labour and the NFU are using apples and pears in their calculations, and even the mighty Ben Chu doesn't feel totally astride the issue.  It doesn't answer the strategy questions: is this change going to raise additional funds over five years from implementation, or is it genuinely avoidable for most ?  Is it going to change the price of farming land ? If not, why bother ? 

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