Following the recent budget, ECA acted on concerns raised by Members of family owned businesses about changes in Inheritance Tax Reliefs. We’ve signed a joint letter to the Chancellor calling for a formal Consultation on the changes to Business Property Relief (BPR). Today the letter has received widespread coverage in the print and broadcast media, bring the matter to the top of the news agenda.
The letter states “changes to these policies will have a severe and long-lasting impact on these businesses and the livelihoods of the millions of people they employ. These businesses and the economy will be starved of much needed investment leading to forced, premature business sales and the loss of jobs in constituencies across the country”.
If this concerns you, please write to your MP or attend your local constituency surgeries to press the case for a formal response.
Last updated 16 December 24