Worsleyweb
Well-Known Member
- Joined
- 28 Oct 2022
- Messages
- 1,384
- Team supported
- City
I do hope I'm wrong, but rumours are rife (FT, Times, Telegraph) that Labour are going to nuke small family firms with inheritance tax (currently exempt).
Please no, that would be a fucking disaster as many would have to be sold to pay a HMRC tax bill. Those that aren't sold would have to cut back on investment to pay the tax - the only area of UK business with sufficient investment in the future of the business.
And so it starts! The pie will get smaller - 25 million people in this country paying for the rest!