Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, whether his Department has contributed to modelling on inheritance tax revenue expected to be raised by proposed reforms to (a) Agricultural Property Relief and (b) Business Property Relief.

HMT undertakes its own modelling on revenues raised by tax changes. See page 118 here Autumn Budget 2024 – HC 295. The expected revenue from changes to APR and BPR were based on HMRC data. This was independently assessed by the OBR. See page 58 here Economic and fiscal outlook – CP 1169.