Agriculture: Inheritance Tax
Commons · Question 54033 · Tabled 21 May 2025 · Treasury · Official record
Answered 2 Jun 2025
Question
Asked by Matt Vickers
To ask the Chancellor of the Exchequer, how many farms in Wales will be impacted by changes to (a) agricultural property relief and (b) business property relief.
Answer
Answered by James Murray, 2 Jun 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...