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Government 'rethink' on Inheritance Tax proposals reportedly under consideration

Changes could see full relief from IHT up to £5m per person (£10m for a married couple) where farmland or business assets form at least 60% of an estate

Mia Willemsen
News and business reporter
clock • 3 min read
Robert Sullivan, director at GSC Grays
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Robert Sullivan, director at GSC Grays

Chancellor Rachel Reeves sent shockwaves through the farming community by announcing in the last Budget that from April 2026, the agricultural property relief will be capped at £1 million. That...

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