Written Question·Department for Environment, Food and Rural Affairs·UIN 15988
Agriculture: Inheritance Tax
Tabled: 25 November 2024
Answered: 2 December 2024
Question
Harriet Cross
Conservative — Gordon and Buchan
To ask the Secretary of State for Environment, Food and Rural Affairs, if he will take steps to prevent (a) large corporations and (b) investment firms from acquiring agricultural land sold to meet inheritance tax liabilities.
Answer
Daniel ZeichnerFrom 6 April 2026, the full 100% relief from inheritance tax will be restricted to the first £1 million of combined agricultural and business property. Above this amount, landowners will access 50% relief from inheritance tax and will pay inheritance tax ...
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