Written Question·Treasury·UIN 32610

Inheritance Tax: Construction

Tabled: 21 February 2025
Answered: 28 February 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of proposed changes to business property relief on the construction plant-hire sector in Devon.

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 advanta...

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