Inheritance Tax Budget 2025 Agricultural Land. What were the main reforms to inheritance tax (iht) announced in the budget on 30 october 2025? The labour government’s 2025 autumn budget announced significant changes to the inheritance tax system including around farm businesses.

In october 2025, it was revealed that the government may have plans to increase the amount of money it raises through tax in the forthcoming budget: 100% iht relief will be available on the combined value of.