Tax reform: BPR and APR

Major changes to business property relief and agricultural property relief are coming, explore our hub to find out what business owners and landowners need to know.

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Family businesses and landowners often take a long-term view on life and business, sharing a vision across generations. Many have formed their vision on the assumption that their business and farming assets would qualify in full for inheritance tax (“IHT”) relief, if the necessary conditions are met.

However, the Government’s proposed reforms to business property relief (“BPR”) and agricultural property relief (“APR”) will, if implemented, change the IHT landscape considerably from 6 April 2026, so family business owners and landowners need to review their tax, succession and commercial plans ahead of that date.

Our dedicated hub is designed to provide clear, concise information on the latest updates and the main considerations for those affected by the reforms.

We can advise on how the new BPR and APR rules might impact you, help the family and the business plan accordingly and assist in shaping your future vision and legacy.

Business Property Relief (BPR)

BPR has been particularly valuable for business owners, designed to ensure that business assets can be passed on without incurring significant IHT liabilities. The proposed changes will be a major event in the lifecycle of affected businesses and their owners.

Agricultural Property Relief (APR)

APR offers significant IHT savings for farmers and landowners when passing on agricultural property to the next generation. The proposed changes will reduce the tax relief available and understanding the changes is crucial to those impacted.

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April 2026 tax reforms

Significant changes to business property relief and agricultural property relief are on the way. Find out how to protect your assets and plan for the future with our expert guidance, and ensure your family business is ready.

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We have extensive experience advising on rural and family business matters, including tax and succession advice to individuals and trustees and the wider family, and corporate and commercial advice to the directors of the business itself.

What others say

“The team's tax and legal knowledge in respect of trusts and succession planning is outstanding. They also have the ability to explain the complex in an understandable way.”

Legal 500 UK 2025

“Dominic and the team at Burges Salmon were excellent throughout the process. The Burges Salmon team dissected every element of the process and ensured that we were protected, but more importantly that the business has the ability to thrive alongside working with the Foodbuy team in the future. I could not recommend Burges Salmon and their team highly enough for their integrity, knowledge and work ethic.”

Alex Demetriou, founder and managing director of RPG

“Burges Salmon has a pre-eminent reputation in this field which they have maintained over many decades and which is deserved because the amount of experience and expertise they have built up over that time.”

Legal 500 2025

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