IHT & Farms - Latest Update & Guidance in 30 Minutes

Introduction

The world of farming is changing with AR and BR cut to 50% and IHT liabilities looming.

The farmers who traditionally have avoided paying for tax planning advice are focused and pressing for professional help.

There has been much focus on lifetime gifts before April 2026 with concerns over gifts with reservation of benefits.

The MPs are lobbying for April 2026 to be extended to April 2027, and the farming bodies have raised a ‘clawback’ scheme.

HMRC continue to fight various diversification activities, e.g. allowing fishing, a wedding barn, holiday cottages etc as ‘holding investments’.

What You Will Learn

This webinar will cover the following:

• The need to look at all planning from the ‘get go’
• The importance of a strong executor
• The significance of farm values and probate valuations
• The need to consider CGT in all farm IHT planning
• The importance of Heritage Property Relief and Woodland Relief
• APR extended to include ‘farming for the environment’ and the vineyard and cider
• The need for meticulous planning on lifetime gifts
• All wills need updating post the Budget on 30 October 2024
• Farm partnership property and TRS

This pre-recorded webinar will be available to view from Monday 4th August 2025

Alternatively, you can gain access to this webinar and 1,800+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.