This depends on the circumstances of your particular farm. There have been a number of cases about this which set out various tests, including considering the size of the farmhouse compared to the size of the farm and whether it is of a ‘character appropriate’ e.g. is the farmhouse a working farmhouse, or is it a large townhouse which happens to be on a farm.
We can give you peace of mind by advising you on the various tests and the up-to-date legal position, giving you tips to help improve the chances of your farmhouse qualifying. Our experienced team are also able to save clients paying too much inheritance tax by negotiating with HMRC after someone has died.