questionText: To ask the Chancellor of the Exchequer, what definition of farm her Department used to estimate the number of farms affected by changes to agricultural property relief.
answerText: 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. Around 500 estates across the UK are expected to be affected each year from 2026-27. It is not possible...
heading: Agriculture: Inheritance Tax