Latest news: Advocacy
New Research Reveals How Much Family Firms Contribute in Tax
October 30, 2023
Family businesses generated more than a quarter of the UK tax bill in 2021, new research can reveal. The research published today by the Family Business Research Foundation and PwC UK reveals how much the UK’s family businesses are contributing in tax receipts. This is the first report of its kind, exploring in depth the […]
FBUK Response to reports Labour intend to scrap Inheritance Tax Business Relief
September 28, 2023
Responding to reports Labour intend to scrap Inheritance Tax Business Relief, Neil Davy, CEO of Family Business UK, said: “Such a move would quite simply have a catastrophic impact on the family business sector, which employs 14 million people in the UK”. “Business Property Relief (BPR) – now known as Business Relief – was specifically […]
PM’s Business Council Must Represent All Businesses
August 29, 2023
Family Business UK, along with four other business organisations, has called on the Prime Minister to expand his new Business Council to ensure it better represents the UK business community. In a joint letter Family Business UK, the Federation of Small Businesses, IPSE, Small Business Britain and the Employee Ownership Association said the new Business […]
Family Business Debated in Parliament
December 20, 2022
To celebrate a second successful Family Business Week, on 20th December MPs from across the House debated the contribution of family businesses to the UK economy and to communities throughout the UK in Westminster Hall. The debate, which was secured by APPG for Family Business Chair John Stevenson MP, saw MPs highlight businesses from their […]
PM meets family businesses to discuss economic recovery
February 26, 2021
Prime Minister Boris Johnson yesterday applauded the crucial role that family businesses have to play in the economic recovery from COVID-19, and beyond. Hosting an exclusive roundtable for family businesses, representing a variety of sectors, the Prime Minister and Business Secretary Kwasi Kwarteng heard how family businesses have been responding to the pandemic, and the essential […]