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Emeritus Prof Christopher May /
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2024-11-09 10:33:30

Emeritus Prof Christopher May on Nostr: Small violin klaxon: Quoted in FT regarding tax measures in Rachel reeves' budget, ...

Small violin klaxon:

Quoted in FT regarding tax measures in Rachel reeves' budget, specifically various inheritance tax reliefs:

'Historic Houses, which represents more than 1,000 independently owned and operated houses, castles and gardens in the UK, said its members were in effect “rural small- and medium-sized enterprises” that were “often asset rich but cash poor”.'

If I was looking to secure sympathy over tax rises, stately home owners would not be my choice of example.

#taxes #wealth
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