Written Question·Treasury·UIN 32610
Inheritance Tax: Construction
Tabled: 21 February 2025
Answered: 28 February 2025
Question
Martin Wrigley
Liberal Democrat — Newton 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 MurrayThe 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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