Agriculture: Inheritance Tax
Lords · Question HL2516 · Tabled 13 Nov 2024 · Treasury · Official record
Answered 27 Nov 2024
Question
Asked by Lord Rogan
To ask His Majesty's Government whether they conducted an impact analysis before capping Agricultural Property Relief on inheritance tax at £1 million for Northern Ireland farmers; and if so, whether they will publish the results.
Answer
Answered by Lord Livermore, 27 Nov 2024
The Government published information about the reforms to agricultural property relief and business property relief at GOV.UK. It is expected that up to around 2,000 estates will be affected by the changes to Agricultural Property Relief (APR) and Busines...