Written Question·Treasury·UIN 28190

Agriculture: Inheritance Tax

Tabled: 3 February 2025
Answered: 10 February 2025

Question

Ben Maguire

Liberal DemocratNorth Cornwall

To ask the Chancellor of the Exchequer, if she will make an assessment with the Chancellor of the Exchequer of the potential merits of implementing a tapered clawback mechanism for agricultural property relief for farmers whose agricultural assets margina

Answer

James Murray
The Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 gets the balance right between supporting farms and fixing the public finances in a fair way. The reforms reduce the inheritance tax advanta...

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