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Agriculture: Inheritance Tax

Asked by James McMurdockIndependentTreasuryTabled Answered 20 December 2024UIN 19631

The question

To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of inheritance tax changes on the long-term sustainability of family farms in (a) South Basildon and East Thurrock constituency and (b) Essex.

Answered by James Murray

I refer the Honourable Member to the PQ referenced 12250 published on 11th November 2024 at: https://questions-statements.parliament.uk/written-questions/detail/2024-11-01/12250.

The Chancellor also recently wrote to the Chair of the Treasury Select Committee on this issue, and her letter may be of interest: https://committees.parliament.uk/publications/45691/documents/226235/default/

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