Julie Butler
Julie qualified as a Chartered Accountant in 1980 and started Butler & Co in 1986.
Julie is a farm and equine tax expert and the author of Tax Planning for Farm and Land Diversification and Equine Tax Planning.
Her articles are published in the national accountancy and tax press and her work has also been quoted and re-produced in all the broadsheets and financial pages as well as the online forums TaxationWeb and Scopulas.
Practice Areas
Panels
- Contributing Author
- Other Publications
1 Contributions by Julie Butler
PRACTICE NOTES
Landed estates: diversification, trading v investment, and UK IHT, CGT and succession planning - APR/BPR changes and environmental schemes after Autumn Budget 2024
FORTHCOMING CHANGE relating to changes to APR and BPR :
At the Autumn Budget 2024 on 30 October 2024, the government announced plans to significantly reduce the level of APR and BPR available on qualifying property from April 2026. Following consultation and subsequent announcements, the existing 100% rate of relief will be limited so it will no longer apply to the entire value of qualifying agricultural or business assets, but will instead only cover the first £2.5m of combined value. For more detail, see News Analysis: Autumn Budget 2024—Private Client analysis — Inheritance tax, and Practice Notes: IHT—agricultural property relief and IHT—business property relief.
Even before the announcements made at the Autumn Budget on 30 October 2024, landed estates had long been encountering HMRC challenges to inheritance tax (IHT) relief claims, while also having to navigate a wholly new agricultural policy regime brought in by the Agriculture Act 2020 (AA 2020). With the newly confirmed IHT changes commencing from April 2026, still greater care is required with regard to tax planning to support continued and increased diversification, and to safeguard the long-term position of the landed estate, particularly where estates are pursuing ongoing and broader diversification initiatives too...
Private Client
If you expected to see yourself on this page, click here.
