Latest news
Chancellor announces minor concession to APR and BPR
November 26, 2025
Chancellor of the Exchequer Rachel Reeves has today announced a small concession for family businesses regarding proposed reforms to inheritance tax relief. Under proposals first announced at the 2024 Budget, the Government will reform Agricultural Property Relief (APR) and Business Property Relief (BPR), so that full 100% relief will be limited to a £1 million. […]
Family Business Week 2025 is live
November 24, 2025
Family Business Week, which celebrates the contribution family businesses make to the economy and communities across the UK starts today, Monday November 24. The event, which is now in its fifth year, shines a light on the millions of amazing family businesses right across the country. From small, first generation firms to 350-year-old, 15th generation […]
FBUK calls for action on family business tax
November 20, 2025
Chancellor urged to reverse or pause damaging BPR reforms FBUK says Autumn Budget ideal time to rethink Warns against further business-focused tax rises New data from FBUK shows 65% of family firms say higher costs including employment and energy are barrier to investment and growth below Press Release Family Business UK is urging the Treasury […]
FBUK warns Peers of BPR reforms
October 28, 2025
Family Business UK (FBUK) Chairman Steve Rigby has warned Peers that proposed inheritance tax reforms risk creating the “worst of all worlds” for family firms, stalling investment, halting growth and undermining confidence across the UK economy. The warning was made as Steve gave evidence to the House of Lords Finance Bill Sub-Committee, which is inquiring into proposed […]
FBUK responds to government reforms aimed at reducing bureaucracy
October 21, 2025
Freeing small and mid-sized firms from unnecessary reporting requirements is something we have been calling on the Government to do for several years, so it’s fantastic to see action on the issue. Today’s announcement from the Department for Business and Trade and HM Treasury reflects many of the points we raised in the Non-Financial […]
FBUK repeats call for BPR consultation
October 17, 2025
Family Business UK has called on the Government to pause the proposed changes to BPR and APR and warned against any further business-targeted tax increases that will undermine investment and stifle growth. In its Budget submission, FBUK has repeated its appeal for the Government to consult on the changes to inheritance tax for family businesses […]
FBUK comments on IFS Green Budget
October 13, 2025
Ahead of the Autumn Budget in November, the Institute for Fiscal Studies has published its Green Budget which looks at the challenges faced by the Chancellor and suggests areas for consideration. Responding to the Green Budget, Fiona Graham, Chief Operating Officer at FBUK, said: The IFS has suggested, along with many others, that taxes will […]
FBUK responds to Finance Bill consultation
October 8, 2025
Family Business UK has reiterated its concerns over the changes to Business Property Relief (BPR) and Agricultural Property Relief (APR), warning of the consequences of the proposed policy changes on investment, succession planning, and the long-term success of family-owned enterprises. In evidence submitted to the House of Lords Finance Bill Sub-Committee, FBUK warns that the […]