Chancellor Faces Pressure to Reverse Inheritance Tax Changes
Update: 2025-11-18
Description
Chancellor Rachel Reeves faces pressure to reverse inheritance tax changes threatening family businesses. Proposed one million pound limit on tax reliefs could lead to significant tax bills, potentially forcing businesses to sell to private equity or foreign firms. Family businesses, such as JW Lees, warn of investment delays and job cuts due to uncertainty. Shadow Chancellor Mel Stride and Family Business UK urge Reeves to reconsider, emphasizing the importance of family businesses to local economies and growth.
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