Written Question·Department for Environment, Food and Rural Affairs·UIN 15990
Agriculture: Inheritance Tax
Tabled: 25 November 2024
Answered: 3 December 2024
Question
Harriet Cross
Conservative — Gordon and Buchan
To ask the Secretary of State for Environment, Food and Rural Affairs, if he will make an assessment of the potential implications for his policies of the findings of the report entitled An impact analysis of APR reforms on commercial family farms, publis
Answer
Daniel ZeichnerThat report draws on Defra analysis on asset value. Tax liabilities for individual farm businesses depend on personal circumstances. It is not possible to accurately infer a future inheritance tax liability from data on farm asset values. This is because ...
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