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Almost half of farms do not have a succession plan in place ahead of IHT changes

Figures from NFU Mutual show that almost 18% of farmers said it was important to put plans in place for the future of their business but added they had done nothing about it. A further 32% said they did not believe drawing up a plan was relevant or important to them

Mia Willemsen

News and business reporter

21 November 2025 鈥� 3 min read

Almost half of farms do not have a succession plan in place ahead of IHT changes

Almost half of farmers have not put plans in place outlining how they will hand over farms to the next generation ahead of proposed changes to inheritance tax which take effect in less than six months'...

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Almost half of farms do not have a succession plan in place ahead of IHT changes

Figures from NFU Mutual show that almost 18% of farmers said it was important to put plans in place for the future of their business but added they had done nothing about it. A further 32% said they did not believe drawing up a plan was relevant or important to them

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Almost half of farms do not have a succession plan in place ahead of IHT changes

Figures from NFU Mutual show that almost 18% of farmers said it was important to put plans in place for the future of their business but added they had done nothing about it. A further 32% said they did not believe drawing up a plan was relevant or important to them

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More on 51AV视频Business

Cabinet Minister Llyr Gruffydd:"Policy makers have a moral responsibility of supporting people to achieve in a way that doesn't make them ill"

Defra confirms 25% of SFI26 Window 1 budget now allocated

Heatwave poses 'further risk' to harvest