Almost half of farms do not have a succession plan in place ahead of IHT changes

Figures from NFU Mutual show that almost 18% of farmers said it was important to put plans in place for the future of their business but added they had done nothing about it. A further 32% said they did not believe drawing up a plan was relevant or important to them

Mia Willemsen
News and business reporter
clock • 3 min read
Almost half of farms do not have a succession plan in place ahead of IHT changes

Almost half of farmers have not put plans in place outlining how they will hand over farms to the next generation ahead of proposed changes to inheritance tax which take effect in less than six months'...

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 Farm Business

Vigilance urged as anti-farming activists expected on farm
Farm Business

Vigilance urged as anti-farming activists expected on farm

Mia Willemsen
Mia Willemsen
clock 29 August 2026 • 2 min read
Have your say on the future of the Farm Business Newsletter
Farm Business

Have your say on the future of the Farm Business Newsletter

We're reviewing the Farmers Guardian Farm Business Newsletter and want to hear from readers about the topics, insights and advice they value most. Complete our short survey and help shape future editions.

Luke Jeffery
clock 28 August 2026 • 1 min read
Farmers urged to vaccinate their livestock amid rise in bluetongue cases in Wales
Farm Business

Farmers urged to vaccinate their livestock amid rise in bluetongue cases in Wales

Welsh farmers have been warned the situation is 'evolving rapidly' and it was vital they remain vigilant of disease

Rachael Brown
Rachael Brown
clock 27 August 2026 • 1 min read