Updated Event **The Impact of Budget & Inheritance Tax Changes for Farmers

The recent Labour budget announced a significant change to the expected Inheritance Tax (IHT) charge on the estates of farmers and business owners. This session is specifically aimed at the agricultural community to provide clarity on the next steps they should take regarding succession and will planning. We will be joined by experts from Simpkins Edwards to help guide you through this hot topic.

The content will include:

• A recap of the rules and reliefs available
• An explanation of the changes
• A case study to demonstrate who will be affected
• Strategies to mitigate IHT

Attendees are invited to submit queries prior to the event so questions can be covered anonymously following the main presentation. Please email your query to ffradmin@businesinfopoint.co.uk

Eligibility

This workshop is part of the Future Farming Resilience programme & is available to any farmer or land manager in Devon, Somerset, Dorset, or Cornwall.

To be eligible to participate in the Future Farming Resilience project and receive subsequent 1:1 support or attend further workshops, you will be required to complete a Monitoring Information form. Forms will be provided by your advisor, at a workshop, or emailed to you after an online workshop. Please ensure forms are completed swiftly. Please be aware that BIP may limit further access to specialist workshops or 1:1 advice, if the form is not completed.

If you have any questions please call us on 01837 659 059 or email team@businessinfopoint.co.uk. Please check our privacy policy and Devon County Council’s privacy policy to see how we store and manage your submitted data.