Question to the HM Treasury:

To ask His Majesty's Government whether they have conducted an impact assessment of the impact of inheritance tax changes on the predicted number of tenant farmers in the UK for the period 2024–2030; and if so, when they intend to publish it.

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.

The reforms are expected to result in up to 520 estates claiming agricultural property relief in 2026-27 paying more inheritance tax. Almost three-quarters of estates claiming agricultural property relief, including those that also claim for business property relief, will not pay any more tax as a result of the changes in 2026-27, based on the latest available data.

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 is committed to supporting farmers and agricultural workers in accessing the support that they need to protect their mental health as they undertake the vital work of producing food and looking after the environment. For example, through its Farming and Countryside Programme, the Department for Environment, Food and Rural Affairs (Defra) already works with a range of farming charities, including the Royal Agricultural Benevolent Institution and the Yellow Wellies charity, which have highlighted mental health challenges for farming communities. Defra provides £500,000 of funding to help farming welfare charities support farmers.