Agriculture: Inheritance Tax — Written Question

Question

Carla Lockhart

Democratic Unionist Party — Upper Bann

To ask the Chancellor of the Exchequer, how much revenue she expects to raise from changes to Agricultural Property Relief in Northern Ireland; and what assessment she has made of the potential impact of those changes on farming families in Northern Irela

Answer

James Murray

The overall changes to both agricultural property relief and business property relief from 6 April 2026 are expected to raise £520 million in 2029-30, based on the latest available data. This is the total UK revenue expected to be raised from estates with...

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