Heading: |
Agriculture: Inheritance Tax |
Question ID: |
1744295 |
UIN: |
15988 |
House: |
Commons |
Date tabled: |
2024-11-25 |
Asking Member ID: |
5311 |
Asking Member display name: |
Harriet Cross
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Asking Member handle: |
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Asking Member Twitter reference: |
Harriet Cross
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Member interest: |
false |
Question text: |
To ask the Secretary of State for Environment, Food and Rural Affairs, if he will take steps to prevent (a) large corporations and (b) investment firms from acquiring agricultural land sold to meet inheritance tax liabilities. |
Is named day: |
false |
Date of holding answer: |
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Date answered: |
2024-12-02 |
Date answer corrected: |
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Is holding answer: |
false |
Is correcting answer: |
false |
Answering Member ID: |
4382 |
Answering Member display name: |
Daniel Zeichner
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Answering Member handle: |
danielzeichner
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Answering Member Twitter reference: |
@danielzeichner
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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: |
From 6 April 2026, the full 100% relief from inheritance tax will be restricted to the first £1 million of combined agricultural and business property. Above this amount, landowners will access 50% relief from inheritance tax and will pay inheritance tax ... |
Original answer text: |
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Comparable answer text: |
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Answering body ID: |
13 |
Answering body name: |
Department for Environment, Food and Rural Affairs |
Tweeted: |
true |