Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate she has made of forecast revenue from changes to Agricultural Property Relief in each financial year from 2024-25 to 2029-30.

The Government has published information about the reforms to Agricultural Property Relief (APR) and Business Property Relief (BPR) at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms. These reforms are forecast to raise an additional £230m in 2026-27, £495m in 2027-28, £520m in 2028-29, and £520m in 2029-30.