Agriculture: Inheritance Tax
Commons · Question 28190 · Tabled 3 Feb 2025 · Treasury · Official record
Answered 10 Feb 2025
Question
Asked by Ben Maguire
To ask the Chancellor of the Exchequer, if she will make an assessment with the Chancellor of the Exchequer of the potential merits of implementing a tapered clawback mechanism for agricultural property relief for farmers whose agricultural assets margina
Answer
Answered by James Murray, 10 Feb 2025
The Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 gets the balance right between supporting farms and fixing the public finances in a fair way. The reforms reduce the inheritance tax advanta...