Written Question·Treasury·UIN 16520

Discretionary Trusts: Inheritance Tax

Tabled: 27 November 2024
Answered: 5 December 2024

Question

Mr Richard Holden

Conservative — Basildon and Billericay

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of changes made to agricultural property relief and business property relief at the Autumn Budget 2024 on discretionary trusts.

Answer

James Murray
The Government published information about the reforms to agricultural property relief and business property relief at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms. It is expected that up to around 2...
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