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Home » New UK farm inheritance tax rule will cause significant challenges, say accountants

New UK farm inheritance tax rule will cause significant challenges, say accountants

The Guardian by The Guardian
2 hours ago
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A new inheritance tax regime for UK farms and family businesses comes into force on Monday and will present “significant challenges” for those affected, according to accountants. In October 2024 the government announced plans to levy inheritance tax on farms – prompting an outcry in many quarters. After months of pressure from campaigners and MPs representing rural areas, ministers announced just before Christmas 2025 that they would increase the threshold for taxing inherited farmland from the original £1m to £2.5m. The original announcement triggered protests around the UK, with farmers arguing it would prevent many of them from passing on

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