Agriculture: Inheritance Tax — Written Question

Question

Andrew Bowie

Conservative — West Aberdeenshire and Kincardine

To ask the Secretary of State for Scotland, if he will make an assessment with Cabinet colleagues of the potential impact of the changes made to inheritance tax at the Autumn Budget 2024 on the financial viability of small family farms in the north east o

Answer

Ian Murray

This Government inherited a £22 billion in year black hole in the nation’s finances. The action we are taking in this Budget restores economic stability so we can invest in the future. The government recognises that people want to pass on their assets to ...

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