ARTICLE · 17 APRIL 2026

All Change. Inheritance Tax Changes: Are You Prepared?

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From 6th April 2026, the inheritance tax landscape has shifted, making careful succession planning of even greater importance. What is the most significant of these changes?

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Adam Palmer (Colman Coyle)

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From 6^th April 2026, the inheritance tax landscape has shifted, making careful succession planning of even greater importance. What is the most significant of these changes? The answer to that is the reform of Agricultural Property Relief ("APR") and Business Property Relief ("BPR").

What is APR and BPR?

APR and BPR are both forms of relief on certain assets that enable estates to reduce the value of those assets for inheritance tax purposes. APR, as the name suggests, applies to qualifying agricultural assets and is intended to allow the passing down of agricultural property to the next generation. BPR provides a similar form of relief for qualifying business assets. BPR applies, for example, to a business or interest in a business (such as partnerships or LLPS).

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