UK to Raise Farmer Inheritance Tax Relief Threshold to £2.5M

December 23, 2025, 11:45 AM UTC

The UK government says it will raise the Agricultural and Business Property Reliefs threshold to £2.5m from £1m, when it is introduced in April 2026, according to a statement.

  • Allows the passing of £5m in qualifying agricultural or business assets before paying inheritance tax
  • Says move comes after it “listened to concerns of the farming community and businesses about the reforms”

To contact the reporter on this story:
Sachin Ravikumar in London at sravikumar6@bloomberg.net

To contact the editors responsible for this story:
Veronica Ek at vek@bloomberg.net

Louise Moon

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