inheritance tax

Tweenhills owner David Redvers has applauded Tattersalls chairman Edmond Mahony for speaking out against the government's budget announcement that limits inheritance tax for farms to £1m.  Despite having just overseen another memorable sale at Park Paddocks, where a new record was broken for the highest-priced horse sold at the Tattersalls Autumn Horses-In-Training Sale at 1.3 million gns, Mahony used that platform to highlight changes made in the budget that he says will have a "negative impact on the whole racing and breeding sector" in Britain. Agricultural property has been passed...