Fewer than 500 farms a year likely to be hit by tax changes – think tank

Farmers protest in central London over the changes to inheritance tax (Gareth Fuller/PA) - (PA Wire)

Fewer than 500 farms a year will be impacted by the Government’s reforms to inheritance tax, a group of economic experts has claimed.

The Institute for Fiscal Studies (IFS) said “significantly fewer” than the 500 farms a year estimated by the Government will be impacted by the changes.