Business: Tax Allowances
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 25 June 2026 to Question 11129, how many more estates above the 220 referenced include shares designated as "not listed" on a recognised stock exchange.
Answered by Dan Tomlinson
Following the reforms to agricultural property relief and business property relief, a total of up to 915 estates only claiming business property relief are forecast to pay more inheritance tax in 2026-27.
Of these, around 700 are forecast to only hold shares designated as “not listed” on the markets of recognised stock exchanges. These shares now receive a maximum of 50 per cent relief in all circumstances.
This analysis is published in the tax information and impact note, which is available at www.gov.uk/government/publications/changes-to-agricultural-property-relief-and-business-property-relief/agricultural-property-relief-and-business-property-relief-changes.
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