Family construction firms on 'brink of collapse' from 'catastrophic' tax changes

Family construction firms on 'brink of collapse' from 'catastrophic' tax changes

Family-run construction firms are at the 'brink of collapse' from 'catastrophic' changes to inheritance tax, the UK Government has been warned.

Farms will go out of business – warning

Family farms will go out of business because of the Government’s inheritance tax change and the country will have to rely on lower quality imported food in a volatile world, a Cheshire East farmer has warned. Rob Brunt was one of two farmers who urged the council’s Economy and Growth Committee to oppose the Government’s planned new inheritance tax, (writes local democracy reporter Belinda Ryan). Mr Brunt told last week’s meeting: “In a volatile …

Scottish family construction firms at risk from 'Catastrophic' Inheritance Tax changes - Scottish Business News

Family-run construction firms in Scotland are warning of dire consequences from upcoming inheritance tax reforms set to take effect in April 2026. Industry leaders and business owners fear the changes could force closures, sales, or downsizing of generational businesses, jeopardising jobs, local economies, and the government’s housing targets. The reforms, introduced in the Chancellor’s Autumn Budget, will cap Business Property Relief (BPR) at £…