Agriculture: Inheritance Tax
Commons · Question 31515 · Tabled 13 Feb 2025 · Treasury · Official record
Answered 24 Feb 2025
Question
Asked by Lee Anderson
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes to agricultural property relief on (a) the UK’s food security and (b) trends in the numbers of farms in the next five years.
Answer
Answered by James Murray, 24 Feb 2025
The Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and fixing the public finances in a fair way. The reforms reduce the inheritance tax advantag...