The government has refused to provide evidence that a clawback alternative to inheritance tax changes would raise much less revenue than its planned changes to agricultural and business property reliefs, lobbying trade groups have argued.
Trade bodies have now written to chancellor Rachel Reeves to demand that the evidence is published. The allegation and letter follow the Treasury declining to supply workings in response to a freedom of information (FOI) request lodged by the Country Land and Business Association (CLA) and other trade groups. The CLA and others asked for evidence of claims made by exchequer secretary to the Treasury James Murray that a clawback mechanism would raise "much less" revenue than current reforms planned to come into play from April 2026. The CLA and other industry bodies mooted the cla...
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