Contributions
715 recent contributions in Hansard
HANSARDAgricultural Property Relief and Business Property ReliefWe have listened. We have made sure, after the engagement we have had with farmers across the country, their representatives and the representatives of family businesses, that we…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefTo those families—people with farms and businesses that would have been affected by the lower threshold, but will now be affected less or not at all by the higher threshold—I…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefI can reassure the hon. Member that I and Ministers will continue to think through the impacts on rural communities—and all communities—when we come forward with changes to tax or…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefMy hon. Friend is right to mention the disastrous trade deals that happened under the previous Government, and I thank him for giving me the chance to mention the trade deals that…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefGovernment decisions are made collectively. Yes, the Government have listened to farming communities and farming businesses, and to representatives of family businesses that would…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefI cannot update my hon. Friend at this moment, but I would be happy to write to him on that point.05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefYes, the Government will make sure that we do continue to listen.05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefMy hon. Friend is right that we are putting that amount in over the course of this Parliament to support innovation, agritech and all the things that farming businesses can and…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefWe think it is right to have the same level across the country. It is the same in other parts of our tax system, and it would not be right to have different tax thresholds for…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefThe Finance (No. 2) Bill will be making its way through the House in the coming weeks, and once the Bill is law that change will come forward. If the hon. Gentleman meets his…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefWe will not be going ahead with the hon. Member’s proposal of scrapping this change entirely.05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefI wish my hon. Friend’s constituents a happy new year. The Batters review, which was published just a few weeks ago, set out ideas that the Government can take forward to ensure…05 Jan 2026HANSARDInheritance Tax: Agricultural Property Relief and Business Property ReliefThe Government have announced changes to the forthcoming inheritance tax reforms to agricultural property relief and business property relief. The Government announced on 23…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefMay I thank all hon. Members on both sides of the House for their engagement on this important issue today? We have set the threshold at £2.5 million for a single person and £5…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefThe amendment, which has already been laid before the House, sets out the changes that the Government are making. In the letter that all hon. Members will have received, we set…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefWe will always fight for the interests of British businesses and British farmers in the deals we strike with countries across the world.05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefI recognise that many estates that would have been affected by the lower threshold, rather than having to pay additional inheritance tax, will now not be paying any inheritance…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefI thank the hon. Member for welcoming the changes that the Government have brought forward. We did continue to engage with representatives from the farming community. I believe…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefThe number of estates that will be affected by this change will fall by half as a result of the changes that the Government announced late last year after listening to…05 Jan 2026HANSARDAgricultural Property Relief and Business Property ReliefJust to be clear, this policy applies only to the farming or business estates worth more than £2.5 million, or £5 million if owned by a couple. There are still significant…05 Jan 2026