Written Question·Treasury·UIN 14315

Agriculture: Inheritance Tax

Tabled: 14 November 2024
Answered: 19 November 2024
Named Day

Question

Victoria Atkins

ConservativeLouth and Horncastle

To ask the Chancellor of the Exchequer, pursuant to the Answer of 11 November 2024 to Question 12741 on Business: Inheritance Tax, how many and what proportion of the estates that claimed both agricultural property relief and business property relief were

Answer

James Murray
When estates include a claim for both APR and BPR, the estate may not consist entirely of a farming business and its working capital. HMRC estimates that of the population of estates that claimed both APR and BPR in 2021-22, almost a quarter included a BP...

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