Equestrians advised on new inheritance tax rules

Specialists from law firm Birketts and accountancy firm Ellacotts offered guidance on recent inheritance tax changes during a webinar on 13 May.

Changes to agricultural property relief and business property relief took effect on 6 April. These adjustments limit the previous full 100 percent relief on the first £2.5 million per person, with 50 percent relief applying thereafter. The rules affect equestrian businesses in specific ways depending on their operations.

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Treasury Cabinet Secretary John Mbadi reviewing PAYE tax relief documents in a government office
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Mbadi: PAYE tax relief proposal still under active consideration

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Treasury Cabinet Secretary John Mbadi has confirmed that the government’s earlier proposal to raise the PAYE tax-free threshold from KSh 24,000 to KSh 30,000 remains under consideration, despite its absence from the draft Finance Bill 2026.

Colombia's National Business Council warned that the emergency patrimony tax inflicts irreversible patrimonial damage on thousands of firms. President Natalia Gutiérrez criticized the government's repeated arguments despite prior court rulings. The group proposed suspending the decree.

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From July 1 2026 several new laws in Sweden take effect affecting rentals benefits cash and more.

Kenya's National Assembly has called for public submissions on the Finance Bill 2026, which proposes new taxes on mobile phones, imported second-hand clothes and digital assets.

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Independent workers have struggled for days to complete their 2025 income declarations due to a new calculation method. It requires computing a 'super brut' that includes net income and social contributions.

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