Inheritance tax on farms
Our solicitors specialise in probate and wills, and offer a free consultation service. Simply call us on 0333 888 0439 or email us at info@probateandwillssolicitors.co.uk
Our team is receiving lots of enquiries about farms and inheritance tax.
The government announced significant changes to Agricultural Property Relief (APR) and Business Property Relief (BPR) from April 2026.
Agricultural property relief is a type of inheritance tax relief. It reduces the amount of tax that farmers and landowners must pay when farmland is passed to the next generation. Business property relief is similar to APR, but it applies to business assets that are part of the estate.
At present (March 2025), 100% APR and BPR is available on qualifying agricultural and business assets. As of April 2026, estates will receive 100% relief on the first £1 million of combined agricultural and business property but only 50% relief thereafter. With many farms and family businesses having limited cash flow, the reduction in inheritance tax (IHT) reliefs could create financial difficulties for owners, or in some cases even force a sale of assets to pay the tax.
How we can help farming families with inheritance tax planning
Our lawyers can advise you in respect of inheritance tax on farms and the allowances that are available. Steph Rodgers, a qualified solicitor with experience in all areas of inheritance tax and Probate administration, heads up our team. Holly Gilbert is a Trust & Estate Practitioner with a background in accountancy who is also able to advise in respect of inheritance tax and estate planning.
Both Steph and Holly have been assisting many farming families recently with succession planning, and have taken part in presentations and talks for farmers to encourage them to start thinking about their wills and plans for the future.
