23 April 2025

Welcome to our Spring 2025 newsletter.

In this edition:

  • Partner Rob Hitch shares his expert insights on Inheritance Tax and the future of the Family Farm on page 3.
  • Key updates to the £1M allowance for relevant property trusts revealed on page 4.
  • Dodd Wealthcare explores life insurance options to help protect your farming legacy - see page 5.
  • New rules on Pensions & Inheritance Tax coming in April 2027 - find out more on page 6!
  • Your round-up on Capital Gains Tax is on page 7.
  • Double cab pickups are now classed as a car - what's the impact on your business? See page 8.
  • The latest update on VAT is on page 9.
  • Are you paying your employees correctly? Check the latest wage rates on page 10.
  • Spotlight on Accounts Manager Kate Brown - get to know her on page 11.
With so much to consider, one thing is for sure; this year farming looks to be as interesting and important as ever.

We hope you find this edition useful. As is always the case, Dodd & Co will be on hand to advise and guide you through any opportunities and challenges that may come your way.

You can read our full newsletter here.