Agriculture and Business: Inheritance Tax
(asked on 28th August 2026) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether it is still his Department's policy to keep the Agricultural and Business Property Reliefs threshold at £2.5m.
This question was answered on 8th September 2026
From April 2026, the combined amount of 100% Agricultural Property Relief and Business Property Relief allowed against a person’s estate is £2.5 million. Combined with the nil-rate bands, this means two individuals could pass on up to £5.65 million tax-free between them.
The Government has legislated for this combined allowance to remain at £2.5 million until April 2031 and then increase with inflation.