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Inheritance, Succession and the Family Farm...

 

So here we are! Who thought the changes to Inheritance Tax was going to be this bad?! This could be extremely harmful to family farms. They are not to blame for the high land values in the UK; they're simply trying to produce food for us and end up suffering as a result.

 

However... we have 18 months…. and we still have Gift Relief available.

 

Although the basic rules apply to all, every farming family and business will be different.

 

So, we need to start thinking outside the box again – we are currently delving into the details provided by HM Treasury and hopefully may come up with some answers.

 

Make sure you have the right people advising you!

 

Please get in touch if you want to chat anything through

Churchgates Land Family Business is a limited company in England and Wales No. 10767660. Registered office Home Farm, Abbots Ripton, Huntingdon PE28 2LD.

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Land Family Business is a trading style of Churchgates Land Family Business Limited. This publication has been prepared only as a guide. No responsibility can be accepted by us for loss occasioned to any person acting or refraining from acting as a result of any material in this publication. Privacy Policy.

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