Agriculture and Business: Inheritance Tax
Commons · Question 36399 · Tabled 7 Mar 2025 · Treasury · Official record
Answered 12 Mar 2025
Question
Asked by Wendy Morton
To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential impact of changes to Agricultural Property Relief (APR) on the ability of farming families to pass on agricultural (a) businesses and (b) property to future gener
Answer
Answered by James Murray, 12 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...