Dr Andrew Murrison

Dr Andrew Murrison

Conservative — South West Wiltshire

Speaking in the House of Commons on 6 November 2024

Debate

Budget Resolutions

Contribution

The problem with our economy is that, too often, people build small businesses and then sell them off. They do not sit and develop them before potentially handing them on. Can the Minister explain how the proposed inheritance tax changes will encourage people to take risks in nurturing and growing their businesses in order to pass them on to succeeding generations? Plainly, his suggestion will have the reverse effect and will, therefore, make the situation worse, which will damage growth.

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