Written Question·Treasury·UIN 103631

Inheritance Tax: Waveney Valley

Tabled: 6 January 2026

Answered: 12 January 2026

Named Day

Question

Adrian Ramsay

To ask the Chancellor of the Exchequer, if she will make an estimate of the number of farms in Waveney Valley constituency that will no longer be impacted by Agricultural Property Relief due to the changes to IHT announced in December 2025.

Answer

Dan Tomlinson

The Government announced on 23 December 2025 that the allowance for 100% rate of relief will be increased from £1 million to £2.5 million when it is introduced on 6 April 2026. This means a couple will now be able to pass on up to £5 million of agricultur...

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