{"id":271572,"date":"2026-01-30T08:06:06","date_gmt":"2026-01-30T08:06:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/271572\/"},"modified":"2026-01-30T08:06:06","modified_gmt":"2026-01-30T08:06:06","slug":"inheritance-tax-more-than-4500-ni-farms-still-liable","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/271572\/","title":{"rendered":"Inheritance tax: More than 4,500 NI farms still liable"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The chancellor announced in November 2025 that allowances would be able to be transferred to limit exposure to a large inheritance bill.  <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">That remains the case with the increased threshold.  <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Where allowances can be transferred between spouses or civil partners, relief of up to \u00a35m may be accumulated.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At that level, the new analysis suggests around 5% of farms in Northern Ireland would still have agricultural and business property values above the threshold.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Sinn F\u00e9in deputy chair of the committee, Declan McAleer, said tax planning for farmers remained challenging, particularly for elderly farmers.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;There&#8217;s also an issue where there&#8217;s no spouse or civil partners involved as well for passing on.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;And also the \u00a321,000 put down as the value per acre &#8211; land values fluctuate, so again that adds more uncertainty going forward.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"The chancellor announced in November 2025 that allowances would be able to be transferred to limit exposure to&hellip;\n","protected":false},"author":2,"featured_media":271573,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[72,176,61,60,174,175],"class_list":{"0":"post-271572","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-finance","10":"tag-ie","11":"tag-ireland","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/271572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=271572"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/271572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/271573"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=271572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=271572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=271572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}