Business: Inheritance Tax
Commons · Question 65142 · Tabled 4 Jul 2025 · Treasury · Official record
Answered 14 Jul 2025
Question
Asked by Matt Vickers
To ask the Chancellor of the Exchequer, whether she has considered introducing (a) sector-specific and (b) asset-based valuation methodologies for Business Property Relief claims by asset-intensive SMEs.
Answer
Answered by James Murray, 14 Jul 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...