Written questions

Agriculture: Inheritance Tax

Commons · Question 12480 · Tabled 4 Nov 2024 · Treasury · Official record

Answered 11 Nov 2024

Question

Asked by Ben Lake

To ask the Chancellor of the Exchequer, with reference to the Autumn Budget 2024, published on 30 October 2024, HC 295, what estimate she has made of the number of owners of working farms in Wales by (a) marital and (b) residency status who will be liable

Answer

Answered by James Murray, 11 Nov 2024

The Government has published information about the reforms to agricultural property relief and business property relief at https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief. In accordance with standard practice, a tax...