Agricultural Property Relief and Business Property Relief Debate

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Department: HM Treasury

Agricultural Property Relief and Business Property Relief

Baroness Butler-Sloss Excerpts
Tuesday 6th January 2026

(2 days, 13 hours ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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As I said in answer to previous questions, it was right that we consulted with the farming community and family businesses about these reforms, that we listened to the feedback that we received, and that we acted to protect more family farms and family-owned businesses while maintaining the core principle that more valuable agriculture and business assets should make a greater contribution.

Baroness Butler-Sloss Portrait Baroness Butler-Sloss (CB)
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On that point, why did the Minister not do it before rather than after?

Lord Livermore Portrait Lord Livermore (Lab)
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As I said, it was right that we took time to listen to the consultation with the farming community and family businesses. It is right that we have listened to that feedback and that we have now acted.