Written Question·Treasury·UIN 28653

Agriculture: Inheritance Tax

Tabled: 4 February 2025

Answered: 10 February 2025

Named Day

Question

Dr Simon Opher

To ask the Chancellor of the Exchequer, whether land farmed under the Environmental Land Management Scheme will be exempt from new inheritance tax rules for farms.

Answer

James Murray

The environmental value of land farmed or managed under the Environmental Land Management Scheme (ELMS) will be eligible for Agricultural Property Relief (APR) of up to 100% from 6th April 2025. From 6th April 2026, the 100% rate of relief will continue f...

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