Inheritance Tax (IHT) Autumn Budget 2024 (Subscriber Update)
The Chancellor, Rachel Reeves, in her Autumn 2024 Budget announced significant changes to Inheritance tax (IHT) including reform of Agricultural Property Relief (APR) and Business Property Relief (BPR), and from 2027, pensions will no longer be outside the scope of IHT. There will be no change to the current IHT thresholds or the current rate of 40%.
