Inheritance Tax: Tax Allowances

(asked on 27th February 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an (a) estimate of the potential costs and (b) assessment of the potential merits of (i) reducing and (ii) removing (a) Business Relief, (B) Agricultural Property Relief and (C) other inheritance tax reliefs.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 1st March 2024

HMRC publishes the cost of structural and non-structural tax reliefs. The information is available at www.gov.uk/government/collections/tax-relief-statistics.

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