PARLIAMENTARY WRITTEN QUESTION
Agriculture: Inheritance Tax (5 November 2024)

To ask the Secretary of State for Environment, Food and Rural Affairs, if he will make an assessment of the potential impact of changes to Inheritance Tax announced in the Autumn Budget 2024 on levels of production of the five key crops by tonnage in the next five years.

Asked by:
Steve Barclay (Conservative)

The level of crop production is always subject to factors such as weather conditions and prevailing prices. Beyond such normal factors, the Government does not expect the inheritance tax changes to have a material impact on crop production.

We have robust domestic production, which alongside stable trade routes and diverse supply chains ensures the country continues to benefit from high food security. With the largest ever investment in sustainable food production, through our Environmental Land Management schemes, we are securing long term food security.

Answered by:
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