Agriculture and Business: Inheritance Tax
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 13 February 2025 to Question 29188 on Agriculture and Business: Inheritance Tax, if she will make an assessment of the potential merits of reviewing her Department's data collection methods to enable the collection of data on the number of estates containing woodlands impacted in the 2025-26 financial year.
Answered by James Murray
The reforms to inheritance tax agricultural and business property reliefs come into effect from 6 April 2026.
No estates, with or without woodlands, will be affected by these reforms in the 2025-26 financial year. There are no plans to review data collection on the number of estates containing woodlands for that year.
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