What is new tax year?
new tax year
The first ยฃ2.5m of combined agricultural and business property will continue to receive 100% relief from inheritance tax, with 50% relief on amounts over ยฃ2.5m.Photograph: Tolga Akmen/EPAView image in fullscreenThe first ยฃ2.5m of combined agricultural and business property will continue to receive 100% relief from inheritance tax, with 50% relief on amounts over ยฃ2.5m.Photograph: Tolga Akmen/EPAInheritance taxNew UK farm inheritance tax rule will cause โsignificant challengesโ, say accountantsLe