Agriculture and Business: Inheritance Tax
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment he has made of the potential impact of proposed reforms to (a) Agricultural Property Relief and (b) Business Property Relief on the rural economy.
Answered by Daniel Zeichner
The decision to reform agricultural property relief and business property relief was a difficult but necessary decision in order to restore economic stability, fix the public finances, and support public services, including in rural communities.
The Government is confident that its reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and businesses and fixing the public finances in a fair way.
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