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12/3/2025 7:11:08 PM | less than a minute read

Budget 2025: Chancellor confirms transferability of Agricultural Property Relief and Business Property Relief

Get in touch

Caroline Miller

Partner, Head of Private Client

Claudia Cinzia Hobbs

Solicitor

Get in touch

Caroline Miller

Partner, Head of Private Client

Claudia Cinzia Hobbs

Solicitor

The Chancellor, Rachel Reeves, used her highly anticipated Budget on 26 November 2025 to announce that the £1 million allowance for agricultural property relief (APR) and business property relief (BPR) will be transferable between spouses and civil partners with effect

Man completes 2026 number above the word BUDGET. Symbolizes financial goals, annual economic planning, and new year corporate investment

Get in touch

Caroline Miller

Partner, Head of Private Client

Claudia Cinzia Hobbs

Solicitor

Get in touch

Caroline Miller

Partner, Head of Private Client

Claudia Cinzia Hobbs

Solicitor

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