Business: Inheritance Tax and Living Wage
Commons · Question 27610 · Tabled 30 Jan 2025 · Treasury · Official record
Answered 7 Feb 2025
Question
Asked by Munira Wilson
To ask the Chancellor of the Exchequer, what steps her Department plans to take to support family owned small and medium sized enterprises with changes in the level of (a) the National Living Wage and (b) Business Property Relief.
Answer
Answered by James Murray, 7 Feb 2025
At Autumn Budget, the Government took a number of difficult but necessary decisions on tax, welfare, and spending to restore economic stability, fix the public finances, and support public services. These were tough decisions given the situation we inheri...