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Five things farmers need to think about now for succession planning
"The changes to agricultural property relief and business property relief for inheritance tax announced in last October’s budget are due to apply from April 2026. "
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"The changes to agricultural property relief and business property relief for inheritance tax announced in last October’s budget are due to apply from April 2026. "
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"Whilst the budget announcements on Agricultural Property Relief (APR) and Business Property Relief (BPR) have sent ripples through the agriculture sector, there are several announcements that will significantly affect all rural businesses."
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"Alternative land uses can have a long-term impact on inheritance tax liabilities."