Asked by: Aphra Brandreth (Conservative - Chester South and Eddisbury)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential merits of introducing a clawback scheme in relation to inheritance tax reliefs previously applied to (a) agricultural and (b) business assets, in the context of her Department's planned changes to inheritance tax policy.
Answered by James Murray - Chief Secretary to the Treasury
I refer the Honourable Member to the answer given to UIN 32918.
Asked by: Aphra Brandreth (Conservative - Chester South and Eddisbury)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the merits of implementing a clawback mechanism as an alternative to the proposed changes to Agricultural Property Relief and Business Property Relief.
Answered by James Murray - Chief Secretary to the Treasury
I refer the Honourable Member to the answer given to UIN 32918.
Asked by: Aphra Brandreth (Conservative - Chester South and Eddisbury)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, which Finance Bill will contain the proposed changes to (a) Agricultural Property Relief and (b) Business Property Relief.
Answered by James Murray - Chief Secretary to the Treasury
The Government believes 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.
Legislation implementing this policy will be brought forward in the Finance Bill ahead of the measure taking effect.