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Treasury argues 'right balance' met with Agricultural Property Relief changes

Gov has described changes to Inheritance Tax and Agricultural Property Relief as 'generous' compared to reliefs in 1992

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James Murray, Exchequer Secretary to the Treasury, said: "Despite a tough fiscal context, the Government will maintain very significant levels of relief from Inheritance Tax beyond what is available to others and compared to the position before 1992."
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James Murray, Exchequer Secretary to the Treasury, said: "Despite a tough fiscal context, the Government will maintain very significant levels of relief from Inheritance Tax beyond what is available to others and compared to the position before 1992."

Treasury officials have claimed that changes to Agricultural Property Relief (APR) and Inheritance Tax will strike a 'right balance' in supporting farmers and fixing the public finances. David Chadwick,...

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