FBUK Policy Agenda: a FAMILY-first approach Fair taxation system The UK needs a tax system that works for family businesses, not just listed companies and short-term investors. We urge the Government to move away from a one-size fits all approach and build a tax policy framework that incentivises family businesses and catalyses the vital contribution that family businesses make to public services, regional economies, growth and job creation. Accessing finance and business support Family businesses need the right capital at the right stage, from early growth through to succession. Government funding and support programmes should be designed around that journey, not defaulted to a one-size-fits-all approach based on size or sector alone. Mid-sized family business focus Government attention is skewed towards startups and unicorn companies, even though family businesses have huge scale-up potential that could generate significant growth for the UK. This overlooked engine of national productivity must be a key focus of government to deliver lasting growth.
F A M I L Y
Investing in our local communities Family firms are rooted in their local places, creating good jobs, supporting local supply chains and investing in their communities. The right policy environment will amplify that contribution, not just enable it, with benefits for all.
Lowering the cost of doing business Family firms are facing significant increases in employment costs and general business taxation, alongside further regulations. We urge the Government to create an environment where firms can grow as opposed to making regressive investment decisions.
Younger generation focus The Government must create the business environment to enable senior owners to involve, educate and inspire the next generation to become the leaders of tomorrow, and create opportunities to invest in skills and training for the workplace of the future.
Building Britain for Generations: A Policy Agenda for Family Businesses
To download a copy of our Policy Agenda, scan the QR code.
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