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UK Inheritance Tax Reforms Threaten 200,000 Jobs, Warns CBI

6/3/2025

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Summary

Story summary

The UK Government's proposed inheritance tax reforms, led by Chancellor Rachel Reeves, could threaten over 200,000 jobs by 2030, warns CBI Economics. While aiming to raise £1.8 billion in tax revenue, the changes may inflict a staggering £14.8 billion hit to the economy, prompting nearly half of family businesses to consider job and investment cuts.

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Story summary

The UK Government's proposed inheritance tax reforms, led by Chancellor Rachel Reeves, could threaten over 200,000 jobs by 2030, warns CBI Economics. While aiming to raise £1.8 billion in tax revenue, the changes may inflict a staggering £14.8 billion hit to the economy, prompting nearly half of family businesses to consider job and investment cuts.