James Murray

James Murray

Labour (Co-op) — Ealing North

Speaking in the House of Commons on 14 October 2026

Debate

Inheritance Tax

Contribution

I thank the right hon. Gentleman for his question, but the fact that we have a threshold of £2.5 million of qualifying assets over which the 100% relief applies, and that the 50% relief applies in an uncapped manner above that level, means that we are protecting our small family businesses and family farms while making sure that there is a contribution towards the public finances.

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