Farms: Inheritance Tax
Commons · Question 905439 · Tabled 28 Aug 2025 · Treasury · Official record
Answered 4 Sep 2025
Question
Asked by Sir Julian Smith
To ask the Chancellor of the Exchequer, what assessment she has made of the potential implications for his policies of representations received by his Department on its proposed reforms to inheritance tax on farms.
Answer
Answered by Dan Tomlinson, 4 Sep 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...