Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what plans his Department has to support farmers who are affected by the changes made to inheritance tax regulations at the Autumn Budget 2024.

The Government’s commitment to our farmers remains steadfast. We are reforming the Agricultural Property Relief on Inheritance Tax in way which protects small family farms. Changes are expected to only affect around 500 claims for agricultural property relief in 2026-27.

The Government has committed to support farmers through a farming budget of £5 billion over two years – more money than ever for sustainable food production. This will include the largest ever budget directed at sustainable food production and nature’s recovery in our country’s history: £1.8bn for environmental land management schemes in 2025/26. This funding will deliver improvements to food security, biodiversity, carbon emissions, water quality, air quality and flood resilience.

Environmental Land Management schemes will remain at the centre of our offer for family-owned farms and other farmers, with the Sustainable Farming Incentive, Countryside Stewardship Higher Tier and Landscape Recovery all continuing. These offer funding streams for farmers to make their businesses more sustainable and resilient, including those who have been often ignored such as small, grassland, upland and tenant farmers. We will work with the sector to continue to roll out, improve and evolve these schemes, to make them work for farming and nature.

The Government will invest a further £2.4bn over the next two years to protect communities across the country from the devastating impacts of flooding by maintaining, repairing and building flood defences.

This range of support forms part of the government's New Deal for Farmers. The Government is also supporting family-owned farms and other farmers by protecting them from being undercut by low welfare and low standards in trade deals, by lowering energy bills for farmers by switching on GB Energy, and by using the Government’s own purchasing power to back British produce so that 50% of food brought in hospitals, army bases and prisons is locally produced or certified to high environmental standards.