Dame Harriett Baldwin

Dame Harriett Baldwin

Conservative — West Worcestershire

Speaking in the House of Commons on 3 June 2025

Debate

Inheritance Tax: Family-owned Businesses

Contribution

The hon. Lady is making an excellent speech and I congratulate her on securing this important debate. Did she see the research published yesterday by Family Business UK, which points to the disastrous impact of the inheritance tax reforms on family-owned businesses? In my West Worcestershire constituency alone, the changes will lead to a reduction of £18 million of gross value added and of 286 full-time equivalent jobs.

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