Significant relaxation of Inheritance Tax (‘IHT’) changes for BPR and APR

You may be aware that significant changes to Business Property Relief and Agricultural Property Relief were announced in the October 2024 Budget. Fortunately, these rules have been significantly relaxed, not only in terms of increasing the amount of relief available but also in terms of delaying when the changes will come into force.

Please see this link to our flyer which sets out how the rules will now apply and how we can help if these changes are likely to affect you.

Please feel free to discuss any queries with your usual Forbes Dawson contact.

 

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