Agriculture: Inheritance Tax

(asked on 4th November 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has had discussions with the Environment, Food and Rural Affairs Select Committee on the potential impact of changes to Agricultural Property Relief.


Answered by
James Murray Portrait
James Murray
Exchequer Secretary (HM Treasury)
This question was answered on 11th November 2024

The Government has published information about the reforms to agricultural property relief and business property relief at https://www.gov.uk/government/news/what-are-the-changes-to-agricultural-property-relief.

In accordance with standard practice, a tax information and impact note will be published alongside the draft legislation before the relevant Finance Bill.

The Government takes into account all representations made ahead of the Budget, and meets with stakeholders on a regular basis.

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