Written Question·Treasury·UIN 21636

Business Rates and Inheritance Tax

Tabled: 3 January 2025
Answered: 9 January 2025

Question

Kevin Hollinrake

Conservative — Thirsk and Malton

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of (a) family-owned businesses and (b) changes to Business Property Relief on the economy of 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 situationwe in...
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