Small Businesses: Inheritance Tax
Commons · Question 65144 · 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 had discussions with representatives of Family Business UK on the findings of their June 2025 report on inheritance tax reform.
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...