Agricultural Property Relief (APR) and Business Property Relief (BPR) and the £2.5m allowance
From 6 April 2026, the 100% rate of agricultural property relief (APR) and business property relief (BPR) is only available on the first £2.5m of qualifying business and agricultural property. The allowance was increased to £2.5m from £1m following extensive lobbying by farmers. APR Agricultural property relief (APR) allowances a person to pass on agricultural … Read more