John Healey has reportedly drawn up plans for a tax raid on family businesses ahead of his first Budget, as he scrambles to avoid spending cuts. The Chancellor is considering proposals to levy income tax when business owners hand their company down to their children, potentially almost doubling the…
Back to Business
Business
October 19, 2026 at 7:25 AM
Healey plots Budget raid on family businesses
CityAM
Excerpt from CityAM.