Written Question·Treasury·UIN 73697

Agriculture and Business: Inheritance Tax

Tabled: 1 September 2025
Answered: 9 September 2025

Question

Edward Morello

Liberal Democrat — West Dorset

To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential impact of proposed Inheritance Tax changes on family (a) businesses and (b) farms.

Answer

Dan Tomlinson
The Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and businesses, and fixing the public finances. The reforms reduce the inheritance tax advant...
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