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Are agricultural and business property reliefs at threat?

The publication of a HMRC report into inheritance tax reliefs and exemptions, followed by a request to the Office of Tax Simplification by chancellor Philip Hammond to review the IHT regime, show that the government clearly has the tax regime in their sights. Here our tax planning specialist Ian Naylor explains why agricultural and business property reliefs are under threat and why there’s never been a better time to review your tax situation. “HMRC has published a paper on the influence of IHT reliefs and exemptions on estate planning, with a particular focus on agricultural and business assets. There have...

6 min read.
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