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Story summary
- A new inheritance tax regime for UK farms and family businesses starts on April 6, 2026, with 100% relief on the first £2.5 million and 50% above.
- Protests from farmers fearing the loss of their farms accompanied the threshold rise from £1 million to £2.5 million.
- Elsa Littlewood from BDO said concessions exist, but the policy shift will push succession planning to avoid asset sales to cover tax liabilities.
