Written Question·Treasury·UIN 31515
Agriculture: Inheritance Tax
Tabled: 13 February 2025
Answered: 24 February 2025
Question
Lee Anderson
Reform UK — Ashfield
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes to agricultural property relief on (a) the UK’s food security and (b) trends in the numbers of farms in the next five years.
Answer
James MurrayThe Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and fixing the public finances in a fair way. The reforms reduce the inheritance tax advantag...
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