§ Mr. FallonTo ask the Chancellor of the Exchequer at what rate inheritance tax on agricultural property relief is currently available to an in-hand farmer who has owned the property for seven years, in the case of(a) the farmhouse, assuming no non-agricultural value, (b) the cottage of an agricultural worker prospectively protected under the Rent (Agriculture) Act 1976 and (c) a cottage occupied under the Rent (Agriculture) Act 1976 by a former agricultural worker who retired after 31 August 1995. [26847]
§ Dawn PrimaroloAgricultural value of farming assets can qualify for up to 100 per cent. relief from inheritance tax if the appropriate statutory conditions are satisfied. The availability, or otherwise, of relief could therefore be382W determined only in the light of all the relevant facts. The information provided by the hon. Member is not sufficient for me to provide answers to the specific points raised.