Rethink Succession Dairy Insight

Succession planning is arguably the most important conversation a farming family can have, helping to safeguard the future for loved ones. Yet, it is often avoided for fear of upsetting people. The Labour Government’s costly changes to inheritance tax also further emphasises the value of tackling the issue head-on. The key is to broach the topic now, be open and honest, and pull together a formal agreement that involves all key parties.

This is the third in a three-part business review series which aims to challenge thinking, provide insights into “sailing your own ship,” plan for the future and deal with a changing political landscape. We outline the headline tax changes for farmers and detail how farmers should re-think their approach to pensions, retirements and succession.

Issued August 2025

About Kingshay insight publications

Kingshay has been producing bi-monthly publications for dairy farmers since 1991. Publishing on issues critical to the success of a modern dairy farming business.

These briefings include dairy insight, business insight and research insight, they provide dairy farmers, large animal vets, farm consultants and other interested parties with the most vital and timely information in a concise two-page format. The information contained in our insight publications is written and updated by our experts to ensure accuracy and to save you time.

A selection of insight publications and Farming Notes are available to buy individually from our online shop. To gain access to all our publications become a Kingshay member.