TLDR: Seven Weeks to the Budget

The Autumn Budget is on 28 October 2026, and the run-up brings the usual wave of speculation about further changes to Business Relief and Agricultural Property Relief on top of the £2.5 million cap already coming in from April 2026. That speculation is not fact, and rushing to restructure a business or estate before the announcement usually creates more problems than it solves.

What does make sense now: knowing your actual Inheritance Tax exposure, checking property is held as Tenants in Common where needed, confirming shareholders’ agreements use cross-options, using gifts out of surplus income, and considering life insurance in trust to fund any tax bill. These steps are worth doing regardless of what the Budget contains, and having them in place means you can act quickly once the real detail is known.

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