Written question asked by Ben Obese-Jecty (Conservative) on Friday, 28 August 2026, in the House of Commons. It was due for an answer on Wednesday, 2 September 2026. It was answered by James Murray (Labour) on Tuesday, 8 September 2026 on behalf of the Treasury.
Agriculture and Business: Inheritance Tax
- Question
-
To ask the Chancellor of the Exchequer, whether it is still his Department's policy to keep the Agricultural and Business Property Reliefs threshold at £2.5m.
- Answer
-
From April 2026, the combined amount of 100% Agricultural Property Relief and Business Property Relief allowed against a person’s estate is £2.5 million. Combined with the nil-rate bands, this means two individuals could pass on up to £5.65 million tax-free between them.
The Government has legislated for this combined allowance to remain at £2.5 million until April 2031 and then increase with inflation.
Secondary information
- Type
- Written question
- Reference
- 23029
- Session
- 2026-27
- Subjects
- Agriculture Business Inheritance tax Tax allowances
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2026-09-08 08:35:43 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/23029
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/23029
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2026-27/23029