Planning for the long term

Planning for the long term: Policies to support family businesses examines the background and reasons for tax policies that support the transfer of multi-generational businesses. It puts forward a strong case for retaining Business Property Relief and Gift Holdover Relief, ensuring family businesses are positioned to continue contributing to economic growth and prosperity right across the country.


Foreword
3

Introduction
5

Why family businesses matter
6

The stable policy environment
6

Long term outlook
10

The impact of failing to retain the two reliefs
11

Policy recommendations
14

familybusinessuk.org

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