Leahy Attorneys’ Post

Please see my colleague Florence Wilson-Gunn insightful article on the recent changes to Agricultural and Business Property Relief (APR and BPR), and what this means for the future of farms

2025 for a private client lawyer = wellington boots and FIGs (some nutritious and some a bit more income and/or gainsy). ...and, of course, check out the article by my colleague Florence Wilson-Gunn on the upcoming changes to the IHT treatment of farms. It's an excellent read!

🌾 The Final Straw? - Key Changes to APR and BPR and What They Mean for the Future of Farms 🚜   Trainee Solicitor Florence Wilson-Gunn explores the crucial upcoming changes to Agricultural and Business Property Relief (APR & BPR) and their profound implications for the future of farming businesses.   Farmers, landowners, and business owners, with changes on the horizon, it’s more important than ever to plan ahead and take advice.   🔗 Click the link in the comments to read the full article. #InheritanceTax #Agriculture #BusinessPlanning #TaxReforms #FarmingFuture

My Quastels colleague Florence Wilson-Gunn explains changes introduced by the recent #Budget to #inheritancetax reliefs: Agricultural Property Relief (APR) and Business Property Relief (BPR).

Farmers are now seeing, in the form of the Lump Sum Exit Scheme and delinked payments, the remainder of the Common Agricultural Policy subsidy payments system that has benefitted the farming industry for many years. We highlight points for farmers and agents to consider before 10 May 2024, which is when the narrow window closes for farmers to transfer some or all of their reference amount: http://crs.law/MFnk50RjIQa #delinkedpayments #lumpsumexitscheme #UKfarms #farmingindustry #agriculture #privateproperty #estates

Changes to the Agricultural Holdings Act (AHA) 1986 relating to tenancy succession laws in the UK, which were adopted under the Agriculture Act 2020 in a phased basis to simplify succession proceedings, came into effect on September 1, 2024. https://lnkd.in/e453jHcN

Today I talk with M P Deputy speaker Barbara Kuriger about the article Barbara has written for “Taranaki Farming lifestyles”. 36-point action plan 1.The RMA on Fresh water management Farm Dams   2.Management in relation to individual consents for fresh water and to extend marine farm consent.   .3 Introduce legislation to suspend the requirements of councils to identify and adopt new Significant Natural Area’s   4.   Finalize policy to keep agriculture out of the ETS.  

A recent news bulletin on the farmers’ protest in Westminster included a fact-check section. The presenter provided examples of the proposed agricultural property relief rules in action. You can find the breakdown of these examples here: https://ow.ly/y5fH50UbMYH #FamilyFarms #FarmersProtest #APR #IHT #Agriculture #BritishFarming #PrivateClient

Some good news... USDA to Begin Issuing $2.14 Billion to Agricultural Producers through Key Conservation and Safety-Net Programs WASHINGTON, Oct. 21, 2024 – The U.S. Department of Agriculture (USDA) today announced that it will begin issuing more than $2.14 billion in payments to eligible agricultural producers, and landowners—providing much needed support through key conservation and safety-net programs. Producers should soon receive payments from USDA’s Farm Service Agency (FSA) for their participation in these programs aimed to conserve natural resources and keep family farms economically viable.    https://lnkd.in/gAct27uX  

After weeks of speculation and leaking it is not an exaggeration to say that yesterday’s budget came as a bit of a bombshell for farming businesses including Wilson Browne clients. The changes introduced on the 6th of April 2026 will bring into sharp focus the need for farmers to plan succession on the family farm with increasing urgency. To find out more, read our budget commentary here: https://bit.ly/3NOKLbx Kirsten Rimmer #AllTheHelpYouNeed #Agriculture #Budget