CPA Letter to UK PM on BPR Changes

The impact of Business Property Relief on Family businesses in the Plant-hire Sector

The CPA have written a letter to the UK Prime Minister to highlight to them the very real concerns family businesses in the plant-hire sector have, towards the changes announced in the recent Budget around Business Property Relief (BPR) and Inheritance Tax.

The CEO of the Construction Plant-hire Association (CPA) is making the case that the 1,900 members of the CPA are the backbone of the construction industry, worth some £14bn to the economy and these changes will result in companies deferring investment and hiring decisions, expansion plans will be called into question, with prolonged uncertainty and instability at a time when businesses can ill-afford it.

The full letter can be downloaded below.