Inheritance Tax Changes 2024 Uk. What were the main reforms to inheritance tax (iht) announced in the budget on 30 october 2024? From 6 april 2026, the government announced that business property relief (bpr) and agricultural property relief (apr) at.
Rachel reeves announced major changes to inheritance tax (iht) during the autumn budget in october 2024 which will have a significant impact on people who own high. The majority of inheritance tax is paid by the estates of individuals aged 75 or over (81%).