News Formal

UK landed estates warn Budget tax changes will ‘kill off’ business

  • 📰 FT
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Owners of historic houses hit out at changes to inheritance tax and national insurance

Owners of some of the UK’s historic houses and landed estates have warned that tax changes in Rachel Reeves’ Budget will “kill off” the farming and heritage businesses they run. In her first fiscal event last week, the chancellor increased the rate and cut the threshold of employers’ national insurance contributions.

James Hervey-Bathurst, who inherited Eastnor Castle in Herefordshire, near the Welsh border, from his mother in 1988, said his family would “be having to allocate cash to pay tax which would otherwise go into the business” in anticipation of inheritance tax. Hervey-Bathurst opens Eastnor, which was built in 1812, for weddings, filming and corporate hire. “What the government should recognise is that we pay a lot of tax as we go along,” such as NI and VAT, he added.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 113. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Business owners look to leave UK if Budget contains capital gains tax riseThe Chancellor could increase capital gains tax to at least 28 per cent, if not higher, experts have predicted
ソース: i newspaper - 🏆 8. / 89 続きを読む »

Business owners in Dereham display mixed reaction to BudgetThe BBC visits a pub in Dereham to hear from local business people what they thought of the Budget.
ソース: BBCScienceNews - 🏆 87. / 53 続きを読む »