UK Inheritance Tax Reforms 2026
The 2026 inheritance tax reforms changed how Business Property Relief and Agricultural Property Relief apply to qualifying business and farm assets.
From 6 April 2026, 100% BPR/APR relief applies up to a combined £2.5 million allowance per person. Qualifying value above that allowance receives 50% relief. The page also explains the planned April 2027 pension changes and includes worked examples.