Agricultural Property Relief and Inheritance Tax

<pAgricultural Property Relief APR is a crucial inheritance tax IHT relief designed to support farming businesses and prevent the fragmentation of agricultural land upon the death of owners. For those involved in farming in England and Wales, understanding APR can significantly reduce the IHT liability on agricultural land and buildings, ensuring the continuity of family farms. However, the rules surrounding APR are complex, involving strict eligibility criteria concerning the nature of the prop...