APR and BPR Reform April 2026: What Changes Today | Estate Map

From 6 April 2026, the combined APR/BPR allowance is capped at £2.5 million per person. The first £2.5 million of qualifying agricultural and business assets receives 100% relief. Above £2.5 million, only 50% relief applies — an effective 20% IHT rate. AIM shares relief drops to 50%. Spouse allowance transfer confirmed.