Expert warns early succession planning will be key to negotiate Chancellor's changes to Inheritance Tax rules
As the recent Farm Business Income revealed, the loss of the Basic Payment Scheme (BPS) has hit farmers hard. For many diversification could be the answer
Management group formed to deal with key financial issues
Succession planning, strategic clarity and sharper scrutiny of business performance are set to be the priorities for farmers and landowners in 2026
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