The impact of Inheritance Tax Reforms on Farmers

The impact of Inheritance Tax Reforms on Farmers

The Autumn 2024 budget fallout continues and farmers, in particular, remain resolutely unhappy with the Government’s plan to significantly curtail the previously generous Inheritance Tax reliefs (Agricultural Property Relief – APR and Business Property Relief – BPR)....
What have they done to Farmers?

What have they done to Farmers?

All professional advisers are now looking at the aftermath of last week’s budget.  It seems to be particularly hard on our farming clients with the plan to remove Agricultural Property Relief as we know it from Inheritance Tax.  Working farmers have been able to...