L

Lord Macpherson of Earl’s Court (CB)

Speaking in the House of Lords on 27 January 2025

Debate

Agricultural and Business Property Reliefs: OBR Costing

Contribution

My Lords, does the Minister agree that the OBR note confirms that farmers and businesspeople have a large number of options for reducing their inheritance tax liability? Does he agree that, in so far as the measure encourages farmers to pass on their farms to younger, more dynamic successors, it is as likely to increase productivity as to reduce it?

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