Submissions
We seek to make contributions to assist in the development of official policy and guidance relevant to family businesses. Below you will find links to many of these consultations and policy reviews.
If you would like further information on any of these, or any aspect of the IFB's representation work, please contact the IFB team.
2020
Pension Protection Fund Consultation
IFB response to the Pension Protection Fund Consultation Changes to Levy Methodology for the 2021/22 Levy Year
IFB Response to part two of the OTS' review of Capital Gains Tax.
Treasury Select Committee Tax After Coronavirus Inquiry
IFB response to the Treasury Select Committee Tax After Coronavirus Inquiry
TPR Defined Benefit Funding Code of Practice Consultation
IFB response to The Pensions Regulator consultation on the code of practice for future Defined Benefit Pension Scheme Funding.
Office of Tax Simplification Capital Gains Tax Review
IFB Response to part one of the OTS' review of Capital Gains Tax.
IFB Letter to the Chancellor (3 July)
IFB Letter to the Prime Minister (3 July)
IFB Letter to the Business Secretary (3 July)
Labour NPF Consultation Response
IFB Response to the Labour NPF Consultation Economic Recovery and Renewal After Coronavirus
Fifth Money Laundering Directive and Trust Registration Service
IFB response to the Fifth Money Laundering Directive and Trust Registration Service consultation.
Pre-Budget Submission to the Chancellor of the Exchequer
Recommendations from the IFB to HM Treasury ahead of the March 2020 Budget.
Pension Protection Fund Consultation
IFB Response to the PPF consultation on changes to Insolvency Scoring Methodology from 2021/22
2019
IFB Response to The Pensions Regulator on the future of Trusteeship and Governance.
Transposition of the Fifth Money Laundering Directive
IFB Response to the HM Treasury Consultation on Transposition of the Fifth Money Laundering Directive
IFB response to BEIS Confidentiality Clauses consultation.
IFB response to HMRC's Taxation of Trusts Review.
Consolidation of Defined Benefit Pension Schemes
Recommendations from the IFB to the DWP on the consolidation of Defined Benefit Pension Schemes.
2018
Pre-Budget Submission to the Chancellor of the Exchequer
Recommendations from the IFB to HM Treasury ahead of the October 2018 Budget.
Wates Principles on Corporate Governance for Large Private Companies
IFB Response to the consultation on the Wates Corporate Governance Principles for large private companies
BEIS Business Productivity Review
IFB Response to BEIS' Business Productivity Review
Office for Tax Simplification Inheritance Tax Review
Response to the OTS IHT Call for Evidence.
2017
Pre-Budget Submission to the Chancellor of the Exchequer
Recommendations from the IFB to HM Treasury ahead of the November 2017 Budget.
Response the the HM Treasure consultation on financing growth in innovative firms.
Letter from the Secretary of State for Business Letter on Corporate Governance Reforms
The Government has invited the IFB to help develop a voluntary set of corporate governance principles for large private companies.
Treasury Select Committee Tax Inquiry
Response to the Treasury Select Committee on the UK Tax Policy and Tax Base Inquiry.
Corporate Governance Green Paper Consultation
Response to the Department of Business, Energy and Industrial Strategy (BEIS) on the Corporate Governance Green Paper Consultation.
Pre-Budget Submission to the Chancellor of the Exchequer
Recommendations from the IFB to HM Treasury ahead of the March 2017 Budget.
Industrial Strategy Green Paper Consultation
Response to the Business, Energy and Industrial Strategy (BEIS) consultation on the new Industrial Strategy.
PPF Third Levy Triennium Consultation
Response to the Pension Protection Fund (PPF) on the changes proposed for the third levy triennium (2018-19 to 2020-21 levies).
Defined Benefits Pension Schemes Consultation
Response to the Department of Work and Pensions (DWP) on proposed measures for the security and sustainability of defined benefits pension schemes.
2016
Response to the Business, Energy and Industrial Strategy Committee (BEIS) on the Corporate Governance Inquiry.
Response to the Business, Energy and Industrial Strategy Committee (BEIS) on the Industrial Strategy Inquiry.
Recommendations from the IFB to HM Treasury ahead of the 2016 Autumn Statement.
Response Consultation on DOTAS-IHT (pdf)
Response to HMRC consultation on the proposals to strengthen the regimes for disclosing information on tax avoidance schemes. View the consultation document here.
Fee Proposals for Grants of Probate Consultation (pdf)
Response to Department of Justice consultation concerning changes to the fee payable for an application for a grant of probate. View the consultation document here.
Company Distributions Consultation (pdf)
Response to HMRC consultation concerning the tax rules governing distributions by a company. View the consultation document here.
Pre-Budget Submission to the Chancellor of the Exchequer (pdf)
Recommendations from the IFB to HM Treasury ahead of the March 2016 Budget
2015
Pre-Budget Submission to the Chancellor of the Exchequer (pdf)
Recommendations from the IFB to HM Treasury ahead of the July 2015 Budget
Pre-Budget Submission to the Chancellor of the Exchequer (pdf)
Recommendations from the IFB to HM Treasury ahead of the March 2015 Budget
Private Placement Consultation (pdf)
Response to HMRC Technical Note ‘Deductions of income tax from payments of yearly interest: Private Placements’
2014
Autumn Statement Submission to HM Treasury (pdf)
Recommendations from the IFB to HM Treasury ahead of the 2014 Autumn Statement
Pre-Budget Submission to the Chancellor of the Exchequer (pdf)
Recommendations from the IFB to HM Treasury ahead of the March 2014 Budget
2013
Autumn Statement Submission to HM Treasury (pdf)
Recommendations from the IFB to HM Treasury ahead of the 2013 Autumn Statement
Evidence to Low Pay Commission (pdf)
Evidence from the IFB to the Low Pay Commission
2012
Autumn Statement Submission to HM Treasury (pdf)
Recommendations from the IFB to HM Treasury ahead of the 2012 Autumn Statement
Pre-Budget Submission to the Chancellor of the Exchequer (pdf)
Recommendations from the IFB to HM Treasury ahead of the March 2012 Budget
Letter from BIS Minister, Mark Prisk MP to IFB (pdf)
Letter from IFB to BIS Minister, Mark Prisk MP (pdf)
Concerns about the London School of Economics research report.
2011
Letter from IFB to HM Treasury Minister, David Gauke MP (pdf)
Concerns about the future of Business Property Relief on Inheritance Tax
Letter from IFB to BIS Minister, Ed Davey MP (pdf)
Proposals on Family Business Stewardship
Autumn Statement Submission to HM Treasury (pdf)
Recommendations from the IFB to HM Treasury ahead of the 2011 Autumn Statement
Evidence to the Commission on Ownership (pdf)
The submission sets out the facts about the ownership of family businesses and the important part they play in the UK economy.
Recommendations to the Law Commission on pre-nuptial agreement (pdf)
Marital agreements (pre-nups) should be legally binding.
Pre-Budget Submission to the Chancellor of the Exchequer (pdf)
Pre-Budget Submission recommendations Five basic points on taxation to ensure the future growth of the family business sector.
Letter to the Office of Civil Society (pdf)
IFB has recommended tax breaks and funding incentives to encourage greater giving by family firms and their employees.
Submission to the Office of Tax Simplification (pdf)
IFB recommends the simplification of legislation on trusts and other tax reliefs to help family firms plan for succession.
2010
Response from Pensions Regulator (pdf)
IFB letter to the Pensions Regulator (pdf)
Submission to Department of Business, Innovation & Skills consultation on Financing a Private Sector Recovery (pdf)
IFB calls for more competition in the finance sector to aid the funding of family firms