Agriculture6 min read
Agricultural Property Relief: 100% IHT Relief on the Family Farm
•By ACJ Financial Planning
APR can wipe out IHT yet strict occupation rules catch many family farms unaware.
Qualifying assets
Land, farmhouses and buildings used for agriculture often qualify for 100% APR if owned > 2 years (or 7 years if let).

Residence vs. character test
HMRC considers whether the farmhouse is "character appropriate" to the holding – luxury refurbishments can jeopardise relief.
Succession planning actions
- Maintain up-to-date tenancy agreements.
- Keep business accounts showing active farming.
- Use partnership/LLP structures to secure both APR and BPR.

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