Agriculture: Inheritance Tax
The question
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.
Answered by James Murray
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.
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