Business: Inheritance Tax — Written Question

Question

Vikki Slade

Liberal Democrat — Mid Dorset and North Poole

To ask the Chancellor of the Exchequer, what assessment she has made with Cabinet colleagues of the potential impact of the decision to make inheritance tax applicable to private businesses on (a) SME owners, (b) employees and (c) tax revenues.

Answer

Dan Tomlinson

The reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and businesses, fixing the public finances, and funding public services. The reforms reduce the inheritance tax advan...

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