15 February 2025, 10:20 | Updated: 15 February 2025, 10:30

By Lucy Williams

Farmers have been vocal about Labour’s planned Inheritance Tax (IHT) changes, and they’re right to be concerned. But they’re not the only ones who should be.

Thousands of family-run businesses across the UK face the same financial threat, yet their struggles have barely been acknowledged.

Much of the debate has focused on agricultural businesses, even though farming makes up less than 5% of the UK’s family-run enterprises. Meanwhile, countless manufacturers, retailers, logistics firms, care providers and others - who represent the vast majority - are being overlooked, even though they will be just as affected.

Currently, Business Property Relief (BPR) and Agricultural Property Relief (APR) protect many family........

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