Business: Inheritance Tax
Commons · Question 115763 · Tabled 24 Feb 2026 · Treasury · Official record
Answered 2 Mar 2026
Question
Asked by Vikki Slade
To ask the Chancellor of the Exchequer, what assessment she has made with Cabinet colleagues of the potential impact of the decision to make inheritance tax applicable to private businesses on (a) SME owners, (b) employees and (c) tax revenues.
Answer
Answered by Dan Tomlinson, 2 Mar 2026
The reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and businesses, fixing the public finances, and funding public services. The reforms reduce the inheritance tax advan...