14th September 2021
The Institute for Family Business (IFB) is proud to announce the launch of a new guide to help family businesses in the recruitment of Non-Executive Directors (NEDs). Aimed at businesses who are relatively new to working with independent directors, the guide covers all the necessary considerations for family businesses when taking NEDs on board.
13th September 2021
Last week the Government unveiled a package of tax reforms as part of its plan to fund health and social care. The headline announcements include an increase of 1.25 per cent to National Insurance Contributions (NICs) and an increase in the rate of dividend tax, both of which will be effective from the start of the next tax year in April 2022.
20th August 2021
The Board of the Institute for Family Business announces that Director General Elizabeth Bagger will be leaving the organisation.
27th July 2021
The government’s proposals to expand the list of Public Interest Entities (PIEs) include different options based on size thresholds, with no regard to type of business activity. One proposed option could double the number of companies classified as PIEs. This expansion would have a significant negative impact on many members of the Institute for Family Business.
30th June 2021
The latest report by the IFB Research Foundation (IFBRF) reveals that in 2019, family businesses contributed to almost 30 per cent of the UK’s national income. Over 100,000 new family businesses were created in the year running up to the pandemic, with 5.2 million family firms in total who employ over 14 million people in the UK.