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Zara faces paying up for Princess Royal's residence
Daily Express
|November 08, 2024
PRINCESS Anne's children face paying a huge bill when they inherit their mother's home, thanks to Rachel Reeves' tax changes.
The Princess Royal's Gatcombe Park estate, in Gloucestershire, is thought to be worth more than the £3million threshold.
So her daughter, Zara Tindall, and son, Peter Phillips, are now likely to be billed for inheritance tax on it.
The 730-acre site, which could be classed as an agricultural asset under the Chancellor's plans, has been Anne's home for years.
This story is from the November 08, 2024 edition of Daily Express.
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