Business: Inheritance Tax — Written Question

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, what assessment she has made of the impact of family-owned businesses on the local economy; and what assessment has she made of the potential impact of changes to the Business Property Relief on local communities.

Answer

James Murray

At Autumn Budget 2024, the Government took a number of difficult but necessary decisions on tax, welfare, and spending to restore economic stability, fix the public finances, and support public services. These were tough decisions given the situation we i...

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