Sir Gavin Williamson

Sir Gavin Williamson

Conservative — Stone, Great Wyrley and Penkridge

Speaking in the House of Commons on 4 December 2024

Debate

Farming and Inheritance Tax

Contribution

The hon. Gentleman has made an important point, but analysis will show that over a 10-year period, 99% of the profit from the average 350-acre arable farm owned by a couple will go back towards paying inheritance tax. That does not leave enough money for them either to invest or to live. I wonder how the hon. Gentleman thinks they can deal with that.

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