Written Question·Treasury·UIN 56059

Small Businesses: Inheritance Tax

Tabled: 30 May 2025
Answered: 9 June 2025

Question

Caroline Voaden

Liberal DemocratSouth Devon

To ask the Chancellor of the Exchequer, what steps she is taking with Cabinet colleagues to help support small family businesses that are affected by recent Inheritance Tax changes.

Answer

James Murray
The Government believes its reforms to agricultural property relief and business property relief get the balance right between supporting farms and businesses, and fixing the public finances. The reforms reduce the inheritance tax advantages available to ...

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