Written Question·Treasury·UIN 54090

Business: Inheritance Tax

Tabled: 21 May 2025
Answered: 2 June 2025
Named Day

Question

Llinos Medi

Plaid CymruYnys Môn

To ask the Chancellor of the Exchequer, if she will make an estimate of the potential impact of planned changes to business property relief on levels of investment made by affected family businesses in (a) Wales and (b) the UK in each of the next three ye

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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