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By Gary Rowson

3rd July 2025

Inheritance Tax: Business Property Relief Important Changes

There has been much media attention on the impact of proposed Inheritance Tax (IHT) changes on the farming community but it is important to emphasise that these changes will affect not only farmers, but all businesses including sole traders, partnerships and companies.

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By Dan Cozens

25th June 2025

Partnership vs company: Choosing the right structure for your farming business

With the basis period reform now fully implemented, alongside changes to Capital Gains Tax and proposals to limit Inheritance Tax reliefs, farmers may be faced with the dilemma of determining the most appropriate and tax-efficient way to structure their business.

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By Jonathan York

12th June 2025

Farms focus on cashflow following SFI scheme closure

The sudden SFI scheme closure caused anger and frustration among the farming community in March. The Chancellor has since announced a better-than-expected DEFRA budget at the recent Spending Review, which brings some cautious optimism but there remains uncertainty about the future of environmental farming programmes.

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By Armstrong Watson

22nd May 2025

Compulsory purchase of land and Capital Gains Tax

Farmers and landowners who lose land under a Compulsory Purchase Order for a new road scheme have many things to consider, including Capital Gains Tax, and legal or valuation issues. 

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By Justin Rourke

12th March 2025

Fighting ‘the family farm tax’ with good financial planning

Life insurance could provide alternative proceeds to pay an IHT bill and preserve the farm and farm assets to pass to the next generation. It can also play an important role in the continuation of the business during your lifetime. 

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By David Threlkeld

27th February 2025

Changes to proposed IHT reforms seem unlikely following talks

Alternative proposals to reform IHT reliefs were again put forward to treasury officials and a DEFRA minister at a meeting with industry groups. It is claimed such proposals would raise almost the same amount of revenue as the Chancellor’s plans, however, unfortunately, it seems they were dismissed.

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By Armstrong Watson

17th February 2025

Tax issues for farm landlords and tenants

There are various tax issues that arise in relation to transactions between landlords and farm tenants, and the Inheritance Tax (IHT) changes announced in the 2024 Autumn Budget will bring huge challenges for both parties.

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By Andrew Robinson

6th February 2025

FAQs on proposed changes to Inheritance Tax legislation for farmers

Many farmers are concerned about the proposed changes to Inheritance Tax (IHT) legislation and what such significant changes could mean for them. Here are some FAQs to help those who aren’t sure what to do make the first steps to put themselves, and their families, in a better position.

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By Armstrong Watson

30th January 2025

Armstrong Watson urges Government to rethink IHT increase on farmers in new report

Armstrong Watson is among a group of accounting firms across England and Scotland who have raised concerns about the wider impact of Rachel Reeves’ proposals to cap Inheritance Tax (IHT) reliefs for agricultural and business property.

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By Justin Rourke

8th January 2025

Does your life insurance increase your Inheritance Tax bill?

Life insurance has hit the headlines since the 2024 Autumn Budget as a possible antidote to the major changes proposed to Agricultural Property Relief, Business Property Relief and Inheritance Tax (IHT) on pensions.

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