Written Question·Treasury·UIN 82182

Small Businesses: Inheritance Tax

Tabled: 14 October 2025
Answered: 22 October 2025

Question

Zöe Franklin

Liberal DemocratGuildford

To ask the Chancellor of the Exchequer, what steps her Department is taking to support family-owned businesses with significant inheritance tax liabilities following company valuations.

Answer

Dan Tomlinson
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, fixing the public finances, and funding public services. The reforms reduce t...

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