Written Question·Treasury·UIN 65137

Business: Inheritance Tax

Tabled: 4 July 2025
Answered: 14 July 2025

Question

Matt Vickers

Conservative — Stockton West

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of changes to Business Property Relief on family-owned businesses in (a) the North East and (b) the UK.

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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