Written Question·Treasury·UIN 12185
Agriculture: Inheritance Tax
Tabled: 31 October 2024
Answered: 8 November 2024
Question
Mr Andrew Snowden
Conservative — Fylde
To ask the Chancellor of the Exchequer, with reference to paragraph 2.51 of the Autumn Budget 2024, published on 30 October 2024, what guidance her Department issues to small business farmers who wish to keep an inherited family farm.
Answer
James MurrayThe Government has published information about the reforms to agricultural property relief at https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief#:~:text=From%206%20April%202026%2C%20the,rather%20than%20the%20standard%2...
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