#business-succession-planning

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#agricultural-property-relief #estate-planning #baby-boomer-retirement #inheritance-tax-reform-2026
Agriculture
fromLondon Business News | Londonlovesbusiness.com
5 days ago

Irwin Mitchell: Farmers and family firms warned over 'dry' tax bills from 2026 IHT changes - London Business News | Londonlovesbusiness.com

Inheritance tax reforms in 2026 will limit Agricultural and Business Property Relief to £2.5 million per estate, potentially creating significant tax liabilities for farmers and family business owners without corresponding asset transfers.
Bootstrapping
fromBusiness Matters
2 weeks ago

The Great Handover: How the Baby Boomer Exit Is Reshaping Business Ownership

Millions of baby boomer business owners are simultaneously approaching retirement, triggering the largest intergenerational transfer of private business assets in modern economic history, fundamentally reshaping private ownership structures.
fromLondon Business News | Londonlovesbusiness.com
2 weeks ago

New IHT rules risk 'dry' tax bills and future disputes for family businesses, warns Irwin Mitchell - London Business News | Londonlovesbusiness.com

Many farming and business families still assume the enterprise will pass tax‑free but under the new cap, that won't always be true. Where shareholder or partnership agreements transfer the business to a co‑owner on death, the estate may carry the IHT bill even though the family doesn't inherit the asset. That's the classic 'dry' tax scenario - risks are avoidable with the right planning.
Law
Retirement
fromFortune
3 weeks ago

The great (small business) wealth transfer: McKinsey sees $5 trillion of baby boomer companies coming up for sale over the next decade | Fortune

Six million small businesses face ownership transitions by 2035, representing $5 trillion in value, but 92% currently close rather than transfer, threatening economic stability.
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