ÍæÅ¼½ã½ã

EXCLUSIVE: Jake Moses on the Inheritance Tax 'trap' families need to be aware of when gifting farmland

Jake Moses is a wills, trusts and tax solicitor at Aaron & Partners LLP. He writes exclusively for ÍæÅ¼½ã½ã on Inheritance Tax and Capital Gains Tax reforms and the risks farmers should be aware of when gifting farmland

clock • 3 min read
Mr Moses said: "While the tax conversation has been dominated by Inheritance Tax, changes to Capital Gains Tax rates have created an expensive trap for those trying to get ahead of the curve."
Image:

Mr Moses said: "While the tax conversation has been dominated by Inheritance Tax, changes to Capital Gains Tax rates have created an expensive trap for those trying to get ahead of the curve."

Since the Autumn Budget, a growing number of farming families have started gifting agricultural land in an attempt to reduce their Inheritance Tax exposure – and it is easy to see why. Rising land values...

To continue reading...

Already a member? Login for full access.

New to ÍæÅ¼½ã½ã? Register for 1 free article per week or become a member for unlimited access to essential farming news and insights.

article-img-580x358

 

2020, New Holland T6.180

£±Ê°¿´¡

NEW MAXXUM 125

£±Ê°¿´¡

CASEIH FARMALL 90A

£±Ê°¿´¡

More on Politics

From the editor: Good news tarnished by lack of planning and communication

From the editor: Good news tarnished by lack of planning and communication

This week from ÍæÅ¼½ã½ã acting editor Katie Jones

clock 05 June 2025 • 2 min read
Treasury 'refusing' to listen to farmers on IHT

Treasury 'refusing' to listen to farmers on IHT

FUW head of policy Gareth Parry said Treasury officials have had 'no intention' of even acknowledging farmers' concerns around Inheritance Tax changes

clock 05 June 2025 • 6 min read
Pressure mounts on Daera to 'Scrap the NAP' and save farm businesses

Pressure mounts on Daera to 'Scrap the NAP' and save farm businesses

UFU said Daera's changes to the Nutrients Action Programme could devastate farm businesses across Northern Ireland

clock 05 June 2025 • 4 min read