Written Question·Treasury·UIN 65145

Inheritance Tax: North East

Tabled: 4 July 2025
Answered: 14 July 2025

Question

Matt Vickers

Conservative — Stockton West

To ask the Chancellor of the Exchequer, what steps her Department is taking to mitigate the regional economic impact of the inheritance tax changes on family businesses in the North East.

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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