Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Qs 258-259 of the oral evidence given by the Chancellor of the Exchequer to the Treasury Select Committee on Wednesday 6 November 2024, whether the figures quoted in her answers related only to Agricultural Property Relief and did not include Business property Relief claimed by farmers for the same period.

The Government published information about the reforms to agricultural property relief and business property relief at www.gov.uk/government/publications/agricultural-property-relief-and-business-property-relief-reforms. This includes information on claims at death in 2021to 2022 referenced by the Chancellor at the Treasury Select Committee on 6 November 2024.

The Chancellor wrote to the Treasury Select Committee on 15 November 2024, detailing the distribution of claims at death for agricultural property relief with values of business property relief claims added, where an estate has also claimed business property relief. This letter has been published at https://committees.parliament.uk/publications/45691/documents/226235/default/.