How is the change in Inheritance tax in the budget on 30.10.2024 going to impact farmers?
With effect from 6th April 2026 there will be reductions in Agricultural Property Relief (APR) and Business Property Relief (BPR) : the first £1 million of such assets will remain tax-free, after that APR and BPR will only apply to 50% of qualifying business and agricultural assets, and Inheritance tax will be applied at […]