{"id":4737,"date":"2026-01-06T15:21:26","date_gmt":"2026-01-06T15:21:26","guid":{"rendered":"https:\/\/www.johnwhittingdale.org.uk\/?p=4737"},"modified":"2026-02-18T10:25:13","modified_gmt":"2026-02-18T10:25:13","slug":"agricultural-property-relief-and-business-property-relief","status":"publish","type":"post","link":"https:\/\/www.johnwhittingdale.org.uk\/?p=4737","title":{"rendered":"Agricultural and Business Property Relief"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4737\" class=\"elementor elementor-4737\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-76377be e-flex e-con-boxed e-con e-parent\" data-id=\"76377be\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-19852f34 elementor-widget elementor-widget-text-editor\" data-id=\"19852f34\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t\n<p><strong>John Whittingdale\u00a0Conservative, Maldon<\/strong><\/p>\n\n<p>Although I welcome this announcement, which directly contradicts what the\u00a0Secretary of State\u00a0told me and my right hon. Friend\u00a0Victoria Atkins\u00a0on the day that the House rose for Christmas, is the\u00a0Minister\u00a0aware that a significant number of my constituents who farm in the Dengie peninsula and elsewhere will still face a significant inheritance tax bill that may prevent them from passing on their farm, as they inherited it, to their children? If the Minister is anxious about the scheme being used for tax avoidance, will he reconsider the NFU\u2019s suggestion that there be a clawback mechanism, which would allow the Government to take back the exemption if a farm was sold within a certain period after inheritance?<\/p>\n\n<p><strong>Dan Tomlinson\u00a0The Exchequer Secretary<\/strong><\/p>\n\n<p>No, we will not be considering the clawback proposals put forward. Instead, the Government have come forward with the change that was announced in December, which increases the threshold from \u00a31 million to \u00a32.5 million. It is worth remembering that the tax rate paid above the higher threshold is half the rate that anyone else who has sufficient assets would pay if they were liable for inheritance tax, and that any tax liability can be paid interest-free over 10 years. On balance, while these changes will affect some of the very largest estates\u2014the Government have published the numbers, which are based on the actual claims data from His Majesty\u2019s Revenue and Customs; it estimates that fewer than 200 estates will pay additional tax\u2014almost all the estates paying additional tax will pay significantly less than they would otherwise have done, because we have listened to family businesses and farming communities.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ca0ca8 elementor-widget elementor-widget-video\" data-id=\"5ca0ca8\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/zFW_3c839i4&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Parliamentary question on farm inheritance tax, raising concerns about the impact on family farms and urging consideration of safeguards to protect generational farming businesses.<\/p>\n","protected":false},"author":1,"featured_media":4738,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speeches"],"_links":{"self":[{"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/4737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4737"}],"version-history":[{"count":6,"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/4737\/revisions"}],"predecessor-version":[{"id":5500,"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=\/wp\/v2\/posts\/4737\/revisions\/5500"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=\/wp\/v2\/media\/4738"}],"wp:attachment":[{"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.johnwhittingdale.org.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}