Agriculture: Inheritance Tax

(asked on 28th October 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what commercial transactions will be relevant for a family farm, for a family passing their business down to the next generation.


Answered by
James Murray Portrait
James Murray
Financial Secretary to the Treasury and Paymaster General
This question was answered on 2nd November 2026

Families can pass businesses on to the next generation in a number of ways, including through the sale or gift of shares and inheritance. It is for individuals to decide which route is most appropriate for their circumstances.

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