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Spring statement – no change to IHT reliefs

Despite the pressure applied on the government by farmers to reassess the changes to business property relief (BPR) and agricultural property relief (APR) that were announced in the October budget, there was no U-turn in the Spring statement on the restrictions being...

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“Spring Statement” or Budget?

The chancellor, Rachel Reeves, will deliver her “Spring Statement” to Parliament on 26 March 2025, following the publication of the latest Office for Budget Responsibility UK economic forecast and we have been told that it’s definitely not a budget, as we are only...

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