Treasury written question – answered at on 7 November 2024.
Steve Barclay
Conservative, North East Cambridgeshire
To ask the Chancellor of the exchequer, what data HM Revenue and Customs holds on the (a) area and (b) value of (i) farms and (ii) farmland.
James Murray
The Exchequer Secretary
HMRC receives information in relation to the agricultural value of agricultural land, buildings, and other assets as part of claims for agricultural property relief. This information relates to the agricultural property owned by the individual who may not own all of the relevant farm
Yes3 people think so
No4 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
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