Written Question·Treasury·UIN 905439

Farms: Inheritance Tax

Tabled: 28 August 2025
Answered: 4 September 2025
Named Day

Question

Sir Julian Smith

ConservativeSkipton and Ripon

To ask the Chancellor of the Exchequer, what assessment she has made of the potential implications for his policies of representations received by his Department on its proposed reforms to inheritance tax on farms.

Answer

Dan Tomlinson
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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