Inheritance Tax (IHT) is a growing concern for families, homeowners, and business owners.
With major changes coming to Agricultural Property Relief (APR), Business Property Relief (BPR) and unspent pensions, now is the time to act.
What’s Changing?
- APR and BPR will be capped at £1 million from April 2026, but unspent allowance will be transferrable to spouses and civil partners.
- From April 2027, defined contribution pensions may be subject to IHT at a rate of up to 40 per cent, depending on the value of the estate and who inherits the pension.
- Nil-rate bands remain frozen until 2031, making early planning essential.
Read our guide to find out how you can reduce your IHT liabilities by:
- Making full use of nil-rate bands and gifting rules.
- Considering trusts to protect wealth for future generations.
- Ensuring your estate has liquidity to cover potential tax bills.
- Updating your will and succession plans to maximise tax efficiency.
Our guide explains the initial steps you need to take to safeguard your estate and pass on wealth efficiently.
Download your copy and then speak with our team for detail advice and guidance: