Written questions

Agriculture: Inheritance Tax

Commons · Question 32172 · Tabled 21 Feb 2025 · Treasury · Official record

Answered 28 Feb 2025

Question

Asked by Lee Anderson

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reviewing changes to the Agricultural Property Relief threshold.

Answer

Answered by James Murray, 28 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...