Farm Tax Brief

The government's changes to Inheritance Tax (IHT) came into force on 6 April and HMRC has launched an online tool to help apportion the £2.5 million allowance for Agricultural Relief (AR) and Business Relief (BR) across qualifying assets. The tool..

Topic of the month

From the tribunals

From as early as December 2024, FTB has reviewed an increase in farmland sales. In May 2026 we considered the Court of Appeal's judgment in Cobden v Cobden [2025] EWCA Civ 1612, which allowed a buyout by one of the parties, as opposed to a sale...

With HMRC's recent technical note on the taxation of ecosystem services (and its effect on farming grants), and the publication of the AR and BR tool, there is a lot of new guidance to digest. The guidance on the taxation of ecosystem services..