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£8.4m Newton Aycliffe factory project 'paused over inheritance tax changes'
Summary by The Northern Echo
2 Articles
2 Articles
Stiller SSAS pauses £8.4 million Newton Aycliffe factory over pension inheritance tax uncertainty
A planned £8.4 million manufacturing facility in Newton Aycliffe has been paused due to uncertainty over upcoming changes to inheritance tax rules for pension schemes. The project, proposed by the Stiller Small Self-Administered Scheme (SSAS), aimed to invest in a 200,000 sq ft factory in the North East. Standard employment-density estimates suggest the site could have supported approximately 516 manufacturing jobs, though the investment has bee…
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Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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