Written Question·Treasury·UIN 5464

Inheritance Tax: Tax Allowances

Tabled: 11 September 2024
Answered: 7 October 2024

Question

Edward Morello

Liberal Democrat — West Dorset

To ask the Chancellor of the Exchequer, whether it is her policy to retain (a) agricultural property relief and (b) business property relief.

Answer

James Murray
The Government keeps all taxes under review as part of the policy making process. If the Chancellor decides to make any changes to APR/BPR, this would be announced at a fiscal event.