Farmers: Income

Summary

To ask the Secretary of State for Environment, Food and Rural Affairs, if he will make an estimate of what the median income of farmers was in the 2023-24 financial year who will be affected by the changes to Agricultural Property Relief and Business Prop

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Timeline

1. 8 April 2025

   Written question

   To ask the Secretary of State for Environment, Food and Rural Affairs, if he will make an estimate of what the median income of farmers was in the 2023-24 financial year who will be affected by the changes to Agricultural Property Relief and Business Prop

   Source: Commons

2. 25 April 2025

   Answer

   Assessing the impact of the new Inheritance Tax policy, which comes into force from 6 April 2026, relies on a number of factors such as ownership structure and debt levels. The Government is aware that each farm is different, and so we encourage farmers t...

   Source: Written answer

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• · Department for Environment, Food and Rural Affairs · Answering body

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