Written Question·Treasury·UIN 14314
Agriculture: Inheritance Tax
Tabled: 14 November 2024
Answered: 19 November 2024
Named DayQuestion
Victoria Atkins
Conservative — Louth and Horncastle
To ask the Chancellor of the Exchequer, pursuant to the Answer of 11 November 2024 to Question 12741 on Business: Inheritance Tax, what the combined value of assets qualifying for relief was in the estates that claimed both agricultural property relief an
Answer
James MurrayIn 2021-22, the total combined value of agricultural and business property relief (APR, BPR) from those estates that claimed both reliefs was £1.6 billion. When estates include a claim for both APR and BPR, the estate may not consist entirely of a farming...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 14314) →