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Lord Roborough to ask His Majesty's Government what assessment they have made of the impact of losing agricultural property relief and business property relief for inheritance tax on the long-term ownership of land by private farmers and landowners, as opposed to UK and overseas-controlled corporate and institutional ownership.  HL3005

Question HL3005: tabled on 27 November 2024 and due for answer by 11 December 2024

This type of business sits within the Questions & Statements category.

This question has been answered by the relevant Government Department.

Question text

Lord Roborough to ask His Majesty's Government what assessment they have made of the impact of losing agricultural property relief and business property relief for inheritance tax on the long-term ownership of land by private farmers and landowners, as opposed to UK and overseas-controlled corporate and institutional ownership.  HL3005
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Date Answered

Tuesday 10 December 2024

Member's Registered Interests

To view more detailed information about Lords Registered Interests, visit the Lords Register of Interests page.

Lord Roborough has declared the following interests relevant to this item of business.

Farm in Devon (predominantly dairy, also a solar power generation installation)
12 residential properties, 6 commercial properties, 14 farms on short to long term leases in Devon
Land allocated to residential development in Devon
Common land within the Dartmoor National Park
Fishing rights on multiple rivers in Devon
Commercial forestry in Devon
Land intended for development of an industrial park in Devon