Family-run construction firms doomed due to tighter inheritance relief cap

The construction industry is calling on the Government to rethink its £1m inheritance relief tax cap if it wants to avoid seeing thousands of family-run businesses close. Private assets above £1m will be taxed at 20 per cent Thousands of family-run businesses will close 1.5m new homes target is at risk without the SME builder Family-run construction firms doomed due to tighter inheritance relief cap Smaller family-owned housebuilders will close putting the government’s target of building 1.5m new homes in [...]

By |2024-11-22T09:32:34+00:00November 22, 2024|Development Finance Lenders|0 Comments

Councils gain power to force landlords to lease empty high street premises

Councils’ new powersto force short-term leaseauctions of empty high street properties could boost local builders’ business, claim finance lenders. One in seven high street shops are vacant Properties empty for more than a year to go under the hammer Short-term leases of one to five years on offer Councils gain power to force landlords to lease empty high street premises Landlords sitting on empty properties for more than a year will be forced to rent them out on short leases [...]

By |2024-11-22T09:25:05+00:00November 22, 2024|Development Finance Lenders|0 Comments

Random embargos on crane transport set to end

The construction industry has high hopes the deputy prime minister Angela Rayner will help them make it easier to get essential equipment such as cranes to building sites. The optimism follows a meeting between Ms Rayner and the managing director of a crane company based in her constituency. Police forces vary in how they apply the rules ‘Adverse weather’ conditions need to be defined Notification of travel periods too long Random embargos on crane transport set to end The deputy [...]

By |2024-11-22T09:19:17+00:00November 22, 2024|Development Finance Lenders, Uncategorized|0 Comments