Latest news: Advocacy
Majority of family businesses still hit by IHT change
March 6, 2026
Majority of family businesses still affected by new rules on inheritance tax despite changes to the policy Investment and jobs continue to be cut in response to the new tax Only 74% of firms confident they will remain family-owned in 10 years The majority (57%) of family businesses say they will still be affected by […]
Government must incentivise business to create growth
March 3, 2026
The Chancellor of the Exchequer has announced the Spring forecast in Parliament. Commenting on the statement, FBUK Chief Operating Officer Fiona Graham said: “Stability and certainty are critical to all businesses and the economy. Today’s statement—and the Government’s commitment to move to one major fiscal event a year—should be welcomed for aiming to create that […]
High Court to hear IHT case in March
February 26, 2026
The High Court has scheduled an urgent two-day hearing at the Royal Courts of Justice on the Government’s changes to inheritance tax for family businesses and family farms. The hearing is scheduled for the 17-18 March and will be heard by a panel of senior judges in the Divisional Courts. The Claimants behind the Judicial […]
FBUK welcomes Lords report on IHT
January 28, 2026
FBUK Policy Director Matt Jaffa examines a key House of Lords report into inheritance tax reforms and finds that it echoes 15 months of warnings from Family Business UK The House of Lords has published its report into the inheritance tax changes announced in the Autumn Budget 2024 – including changes to BPR and APR. […]
FBUK welcomes U-turn on audit reform
January 22, 2026
The Government has dropped plans to bring forward a Bill on Audit and Corporate Governance Reform. This is both an important and extremely welcome step in a long, drawn out process which began following the collapse of Carillion in 2018. Since then, FBUK has long argued against proposals that would have placed an enormous burden […]
Finance Bill update
January 8, 2026
After the Government announced an increase in the threshold for both BPR and APR for family businesses and farms from £1million to £2.5million, attention shifts back to Parliament and the progress of the Finance Bill. The Bill has now passed the 2nd reading stage and moves to Committee Stage. During this stage, MPs have the […]
FBUK welcomes increase in IHT threshold
December 23, 2025
Family Business UK has welcomed today’s announcement from government that the thresholds for both BPR and APR will be increased from £1m to £2.5m. The change means that the allowance for married couples will be increased to £5m. The change follows the work done by FBUK, and other organisations, over the last 14 months to […]
Cautious welcome for farming review
December 19, 2025
Family Business UK has given a cautious welcome to the Government’s review of farming profitability – conducted by the former NFU President, Baroness Minette Batters. The review, which was commissioned earlier in 2025, makes 57 recommendations to government. For family-owned farms and businesses the core issue of changes to inheritance tax fell outside the scope […]