Written Question·Treasury·UIN 80741
Inheritance Tax: Tax Allowances
Tabled: 10 October 2025
Answered: 16 October 2025
Question
Harriet Cross
Conservative — Gordon and Buchan
To ask the Chancellor of the Exchequer, whether organisations representing the (a) agricultural and (b) small business sectors have been consulted on the potential introduction of a lifetime cap on gifts for inheritance tax.
Answer
Dan TomlinsonThere is no lifetime cap on gifts for inheritance tax purposes. Information on the rules is available at www.gov.uk/inheritance-tax/gifts. The Chancellor of the Exchequer makes tax policy decisions at fiscal events and the Government does not comment on s...
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