Written Question·Treasury·UIN 12052
Agriculture: Inheritance Tax
Tabled: 31 October 2024
Answered: 6 November 2024
Named DayQuestion
Graham Stuart
Conservative — Beverley and Holderness
To ask the Chancellor of the Exchequer, with reference to paragraph 2.51 of the Autumn Budget 2024, on what evidential basis she reduced Agricultural Property Relief on combined agricultural and business assets valued over £1 million.
Answer
James MurrayThe Government has published information about reforms to agricultural property relief at: https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief. Almost three-quarters of estates claiming agricultural property relief (or ...
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