To ask the Chancellor of the Exchequer, whether the changes to the threshold for Agricultural Property Relief and Business Property to £2.5million has been scored by the Office for Budget Responsibility.
Compared to Budget 2025, the expected number of estates claiming agricultural property relief (including those also claiming business property relief) affected by the reforms in 2026-27 halves from 375 to 185. Around 85% of estates claiming agricultural p...
Agriculture: Inheritance Tax