Sir Jeremy Wright

Sir Jeremy Wright

Conservative — Kenilworth and Southam

Speaking in the House of Commons on 14 November 2024

Debate

Topical Questions

Contribution

The Government have justified their inheritance tax changes for farmers on the basis that they are concerned about people gaining short-term tax advantage by buying agricultural land. May I therefore ask whether, instead of the sweeping changes that they made, the Government considered an approach that would limit the IHT exemption to those who could demonstrate that the family farm had been in family ownership for a certain number of years? If that approach was explored, why was it not pursued? If it was not explored, why not?

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