Agriculture and Business: Inheritance Tax
The question
To ask the Chancellor of the Exchequer, what discussions she has had with (a) the Country Land and Business Association and (b) other industry bodies to support working farms, in the context of her proposed changes to (i) agricultural property relief and (b) business property relief.
Answered by James Murray
As the Minister responsible for the UK tax system, I have participated in several meetings with agricultural organisations since Autumn Budget 2024 to listen to views. Similarly, ministers from other Departments, such as the Department for Environment, Food and Rural Affairs, have also held meetings with these organisations to listen to their views.
Most recently, on 18 February 2025, the Minister for Food Security and Rural Affairs and I met with representatives from various agricultural organisations, including the President of the Country Land and Business Association.
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