Written Question·Treasury·UIN 33031

Business: Inheritance Tax

Tabled: 24 February 2025
Answered: 4 March 2025

Question

Wendy Morton

Conservative — Aldridge-Brownhills

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of proposed changes to Business Property Relief on the private sector.

Answer

James Murray
The Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and businesses, and fixing the public finances. The reforms reduce the inheritance tax advant...
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