A question on #Agriculture #InheritanceTax tabled by Harriet Cross on 25-11-2024 has been answered by Daniel Zeichner.

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
Asking Member handle:
Asking Member Twitter reference: Harriet Cross
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:
Date answered: 2024-12-02
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4382
Answering Member display name: Daniel Zeichner
Answering Member handle: danielzeichner
Answering Member Twitter reference: @danielzeichner
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
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:
Comparable answer text:
Answering body ID: 13
Answering body name: Department for Environment, Food and Rural Affairs
Tweeted: true