questionText: To ask the Chancellor of the Exchequer, what assessment her Department made of the potential impact in Wales of increasing the threshold of Agricultural Property and Relief and Businesses Property Relief to £2.5 million.
answerText: The Government announced that the allowance for 100 per cent rate of relief will be increased from £1 million to £2.5 million. This means a couple will now be able to pass on up to £5 million of agricultural or business assets tax-free between them, on to...
heading: Agriculture: Inheritance Tax