11/06/2025
“The thing you have to learn about being a farmer, Jeremy, is that if you want to preserve a modicum of sanity, you don’t ask questions you don’t want to know the answers to.”
A direct quote from the latest season of Clarkson’s Farm — one that has struck a chord with farmers across the UK, and sparked further important conversations around Inheritance Tax.
In the final episode, Jeremy reflects on September 2024 seeing one of the worst harvests since records began, noting that many farmers are facing mounting losses and selling off equipment.
Jeremy then ends the segment with:
“You keep going because you believe next year couldn’t possibly be any worse...”
Then, an image of Chancellor Rachel Reeves appears on screen (a not-so-subtle nod to the Autumn Budget that followed in October).
For many farmers, this sense of unease extends beyond harvests - especially when it comes to Inheritance Tax and the shifting landscape of Agricultural Property Relief (APR).
The rules are changing, the financial pressures are real - and yet, talking about inheritance and succession often remains taboo.
Too often, the question “How much Inheritance Tax will be due on my estate?” gets pushed aside - simply because it’s scary to think about or uncomfortable to ask.
However, as independent financial advisers, we are passionate about de-stigmatising the topic, starting conversations, and helping farming families plan for their future. There ARE real, practical solutions available to help mitigate IHT — but it starts with being willing to ask the hard questions.
Our highly experienced advisers understand the unique challenges farmers face. We can help assess your current IHT position, factor in the upcoming changes to APR and BPR, and put a clear, tailored plan in place to protect what you and your family have built for the next generation.
The sooner you start the conversation, the longer you have to plan – so please do get in touch.
