Family Business UK writes letter to Chancellor amid changes to Inheritance Tax Reliefs for Family Businesses

Family Business UK writes letter to Chancellor amid changes to Inheritance Tax Reliefs for Family Businesses

Call to consult with family businesses Neil Davy of Family Business UK (FBUK) has today written a letter co-signed by 32 trade associations, representing 16,000 family businesses, to Rachel Reeves regarding the changes to Business Property Relief (BPR) announced in...
Housing Market Returns to Growth

Housing Market Returns to Growth

Zoopla expects the property market to return to growth in 2025 as its latest figures show a recent surge. According to their figures, they’re predicting the property market to grow by 2.5% in 2025. “The housing market has been resilient in the face of higher...
Surge in commercial properties converted to residential

Surge in commercial properties converted to residential

New research by Direct Line Landlord Insurance has shown a 63% rise in commercial, business and service premises being converted to residential use over the last two year. The research looked at change of use applications to councils between 2021 and 2023, with a 60%...
Pension Tax up to 67% and other Key Changes from Rachel Reeves first Budget

Pension Tax up to 67% and other Key Changes from Rachel Reeves first Budget

Rachel Reeves has finally given her maiden budget speech after much speculation and debate over what constitutes a ‘working person’ and whether increasing employer NI contributions would be a breach of the Labour manifesto. So, what changes have been announced and how...
How will IHT be paid on pensions in probate?

How will IHT be paid on pensions in probate?

Will the Inheritance tax reforms in the budget affect pensions in probate? HMRC released the following on their site on 30th Oct ‘Autumn Budget 2024: the government announced several measures to reform Inheritance Tax. This included a measure to bring most...