James Murray

James Murray

Labour (Co-op) — Ealing North

Speaking in the House of Commons on 4 December 2024

Debate

Farming and Inheritance Tax

Contribution

My hon. Friend is absolutely right to highlight the fact that some of the features of the current inheritance tax relief system mean that it is an attractive vehicle for tax planning to reduce inheritance tax liability. People who have wealth who have never been farmers and do not intend to become farmers have been using it as a way to avoid inheritance tax. In fact, reducing that should take some of the pressure out of agricultural land values and, I would hope, help to make a more sustainable farming sector in the future.

More from James Murray

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For James Murray's full parliamentary record including voting history, expenses and all other contributions, see the James Murray report card.