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What is Economic Impact of BPR & APR Changes about?

The document analyzes the economic and fiscal implications of changes to Business Property Relief (BPR) and Agricultural Property Relief (APR) for UK family businesses and farms, following the Autumn Budget 2024. It predicts significant negative impacts, including a £1.9 billion loss in tax receipts, a £14.8 billion reduction in Gross Value Added, and the potential loss of over 200,000 jobs by 2030. The report calls for a review of these changes to prevent detrimental effects on local economies and overall

Author

max

Language

EN