Agriculture and Business: Inheritance Tax
Commons · Question 33135 · Tabled 24 Feb 2025 · Treasury · Official record
Answered 4 Mar 2025
Question
Asked by Pippa Heylings
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of implementing a clawback mechanism into the proposed changes to APR and BPR.
Answer
Answered by James Murray, 4 Mar 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 businesses, and fixing the public finances. The reforms reduce the inheritance tax advant...