IHT & Farms - The Latest Update & Guidance

Introduction

As the dust settles on the Autumn Budget and the slashing of IHT relief to 50% from April 2026, the need for full farm succession planning is a reality.

There will be potential increased IHT liabilities which will need full succession planning.

Lifetime transfers are the hot subject but future CGT liabilities will have to be considered, as will funding, which could be through sales of farm properties.

What You Will Learn

This live and interactive course will cover the following:

• Using the £1 million allowance to maximise 100% relief
• The need for full updated farm succession planning
• The need for updating farm wills and partnership agreements
• Maximising areas of potential 100% relief
• Focus on the risks of holding investments
• AHA tenancy - still 50% APR
• Partnership property - still 50% BPR
• Lifetime gifting for IHT saving - holdover relief remains - the need to understand CGT including rollover relief
• The importance of current and future farm values
• Funding the future IHT liabilities
• Rethinking woodland relief and heritage property
• The impact on potential development land values and sales

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.