questionText: To ask the Chancellor of the Exchequer, what definition of family farm was used when developing changes to inheritance tax relief for (a) business and (b) agricultural assets.
answerText: The Government believes its reforms to agricultural property relief and business property relief from 6 April 2026 get the balance right between supporting farms and fixing the public finances in a fair way. The reforms reduce the inheritance tax advantag...
heading: Agriculture and Business: Inheritance Tax