Question to the HM Treasury:

To ask His Majesty's Government what representations they have received from farmers in Wales, or farming union representatives, concerning the projected impact of the removal of agricultural property relief for inheritance tax, on the viability of family farms in Wales.

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.

It is expected that up to 520 estates claiming agricultural property relief will be affected by these reforms. Almost three-quarters of estates claiming agricultural property relief (or those claiming agricultural property relief and business property relief together) are expected to be unaffected.

The Government takes into account all representations, and HM Treasury officials and Ministers meet with stakeholders on a regular basis. In accordance with standard practice, a tax information and impact note will be published alongside the draft legislation before the relevant Finance Bill.