Written Question·Treasury·UIN 32333

Inheritance Tax

Tabled: 21 February 2025

Answered: 3 March 2025

Question

Harriet Cross

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of changes to (a) Agricultural Property Relief and (b) Business Property Relief on trends in (a) employment levels, (b) business succession arran

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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