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 [...]