APR and BPR Capped at £2.5m: What the April 2026 Changes Mean for Farms and Family Businesses | ProbateHelp News
From 6 April 2026, full Agricultural Property Relief and Business Property Relief are capped at £2.5 million per individual. Estates above that threshold now face an effective 20% IHT charge on the excess — a significant shift for farming families and family-owned businesses.