| Heading: |
Agriculture: Inheritance Tax |
| Question ID: |
1805303 |
| UIN: |
HL7764 |
| House: |
Lords |
| Date tabled: |
2025-05-21 |
| Asking Member ID: |
655 |
| Asking Member display name: |
Lord McCrea of Magherafelt and Cookstown
|
| Asking Member handle: |
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| Asking Member Twitter reference: |
Lord McCrea of Magherafelt and Cookstown
|
| Member interest: |
false |
| Question text: |
To ask His Majesty's Government what assessment they have made of the implications of their policy of inheritance taxation for agricultural land on (1) family farms in Northern Ireland, and (2) the United Kingdom's food security. |
| Is named day: |
false |
| Date of holding answer: |
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| Date answered: |
2025-06-05 |
| Date answer corrected: |
|
| Is holding answer: |
false |
| Is correcting answer: |
false |
| Answering Member ID: |
4559 |
| Answering Member display name: |
Lord Livermore
|
| Answering Member handle: |
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| Answering Member Twitter reference: |
Lord Livermore
|
| Correcting Member ID: |
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| Correcting Member display name: |
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| Correcting Member handle: |
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| Correcting Member Twitter reference: |
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| Answer text: |
The 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. The reforms reduce the inheritance tax advantages available to owners... |
| Original answer text: |
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| Comparable answer text: |
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| Answering body ID: |
14 |
| Answering body name: |
Treasury |
| Tweeted: |
true |