Toby Tallon on IHT: "Families must now radically rethink their approach or potentially face damaging consequences"

Toby Tallon, tax partner at professional services group S&W, shares five key steps for farmers to reduce IHT risks ahead of impending changes to APR and BPR

Chris Brayford
clock • 7 min read
Toby Tallon said: "When the Government marked the end for uncapped 100% Inheritance Tax relief under Agricultural Property Relief (APR) and Business Property Relief (BPR) at the Autumn Budget last year, it threw farms and family businesses into turmoil."
Image:

Toby Tallon said: "When the Government marked the end for uncapped 100% Inheritance Tax relief under Agricultural Property Relief (APR) and Business Property Relief (BPR) at the Autumn Budget last year, it threw farms and family businesses into turmoil."

Inheritance Tax Farmers and family business owners must now consider Inheritance Tax (IHT) when passing the reins to the next generation. This calls for radical action but there is still time ahead...

To continue reading...

Already a member? Login for full access.

Login

New to Farmers Guardian? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358
Register for free Join Now

 

More on Politics

Dates set for farmers' judicial review on APR and BPR changes
Politics

Dates set for farmers' judicial review on APR and BPR changes

Farmers behind the claim said it is not too late for the Government to pause and commit to a 'full' consultation exercise before implementing Inheritance Tax changes

Chris Brayford
Chris Brayford
clock 02 March 2026 • 1 min read
EXCLUSIVE - Victoria Atkins: "We want to restore prestige to the phrase 'Made in Britain' on food"
Politics

EXCLUSIVE - Victoria Atkins: "We want to restore prestige to the phrase 'Made in Britain' on food"

The Conservatives said they will close the ‘flag loophole' and make food origin labelling clearer so that consumers can be sure that they are buying food which is actually grown and produced in the UK by British farmers

Victoria Atkins
clock 02 March 2026 • 4 min read
Good Food Bill needed to fix 'failing' food system
Politics

Good Food Bill needed to fix 'failing' food system

More than 100 organisations, including farmers and supermarkets, have united in calling for a landmark Good Food Bill to be passed into law

Chris Brayford
Chris Brayford
clock 01 March 2026 • 4 min read