Inheritance Tax Changes Now in ForceAs of 6 April 2026, significant reforms to Agricultural Property Relief (APR) and Business Property Relief (BPR) have come into effect, with important implications for individuals, families, and business owners.These changes represent a major shift in how certain assets are treated for inheritance tax (IHT) purposes and may affect existing estate planning arrangements.Key Changes to Be Aware OfA £2.5 million cap per individual now applies to assets eligible for 100% APR/BPRAssets exceeding this threshold will receive 50% relief onlyThe reforms impact certain shareholdings, including some AIM-listed investmentsTrusts are now subject to the same relief capEligible IHT liabilities can be paid in...
