Agriculture: Inheritance Tax
Commons · Question 12052 · Tabled 31 Oct 2024 · Treasury · Official record
Answered 6 Nov 2024
Question
Asked by Graham Stuart
To ask the Chancellor of the Exchequer, with reference to paragraph 2.51 of the Autumn Budget 2024, on what evidential basis she reduced Agricultural Property Relief on combined agricultural and business assets valued over £1 million.
Answer
Answered by James Murray, 6 Nov 2024
The Government has published information about reforms to agricultural property relief at: https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief. Almost three-quarters of estates claiming agricultural property relief (or ...