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United Kingdom · Question · Written question

UIN 28653

Agriculture: Inheritance Tax

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 February 2025

Last action

10 February 2025 · Answer

Status

Answered

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Subjects

Agriculture

Source updated

10 February 2025

Agriculture

Summary

To ask the Chancellor of the Exchequer, whether land farmed under the Environmental Land Management Scheme will be exempt from new inheritance tax rules for farms.

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Timeline

  1. 4 February 2025

    Written question

    To ask the Chancellor of the Exchequer, whether land farmed under the Environmental Land Management Scheme will be exempt from new inheritance tax rules for farms.

    Source: Commons

  2. 10 February 2025

    Answer

    The environmental value of land farmed or managed under the Environmental Land Management Scheme (ELMS) will be eligible for Agricultural Property Relief (APR) of up to 100% from 6th April 2025. From 6th April 2026, the 100% rate of relief will continue f...

    Source: Written answer

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