Inheritance Tax U-Turn: Relief for Family Businesses

Chancellor Rachel Reeves U-turns on inheritance tax for family businesses and farms, raising the threshold from one million to two million five hundred thousand pounds, following significant backlash from key players in the economy. Despite the change, owners and industry leaders argue it does not go far enough, urging full relief to protect jobs and growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.