Agriculture: Inheritance Tax — Written Question

Question

Tim Farron

Liberal Democrat — Westmorland and Lonsdale

To ask the Chancellor of the Exchequer, with reference to paragraph 2.51 of the Autumn Budget 2024, published on 30 October, whether her Department has made an assessment of the potential impact of changes to Agricultural Property Relief on family farms.

Answer

James Murray

The Government has published information about the reforms to agricultural property relief and business property relief at https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief. In accordance with standard practice, a tax...

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