Written Question·Treasury·UIN 29959
Dairy Farming: Inheritance Tax
Tabled: 7 February 2025
Answered: 17 February 2025
Question
Bradley Thomas
Conservative — Bromsgrove
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of changes to agricultural property relief on the domestic dairy farming industry.
Answer
James MurrayThe Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 gets the balance right between supporting farms and fixing the public finances in a fair way. The reforms reduce the inheritance tax advanta...
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