Written Question·Treasury·UIN 27610

Business: Inheritance Tax and Living Wage

Tabled: 30 January 2025

Answered: 7 February 2025

Question

Munira Wilson

To ask the Chancellor of the Exchequer, what steps her Department plans to take to support family owned small and medium sized enterprises with changes in the level of (a) the National Living Wage and (b) Business Property Relief.

Answer

James Murray

At Autumn Budget, 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 inheri...

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