I am somewhat confused by the furore over the inheritance tax bill that will fall on farmers. If I understand correctly (and I sometimes don't). The government is saying that it will only affect relatively few farmers. In which case it won't raise much money. So why are the government doing all this when the benefit to the exchequer is so low?
Labour Warned Inheritance Tax Raid Will Hammer Pledge to Build 1.5 Million
Homes
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Labour’s inheritance tax raid on family-run businesses will derail any
pledge to build 1.5 million new homes by 2029, according to construction
chiefs. Can...
1 hour ago

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