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IHT breakthrough for family firms: Judge orders review into Reeves' death duties
['Hugo Duncan']
Money | Mail Online
Family farms and businesses are celebrating a breakthrough in a battle to overturn an inheritance tax raid that threatens to destroy livelihoods and generations of hard work.
The High Court has ordered an urgent two-day judicial review of the Chancellor’s plans to hit family-owned enterprises with death duties.
Blocked: The High Court has ordered an urgent two-day judicial review of the Chancellor's plans to hit family-owned enterprises with death dutiesThe judicial review means claimants can argue the Government’s failure to consult fully on the plans was unlawful.
There will now be a ‘rolled-up’ two-day hearing in February or March – combining the decision on whether the case can proceed with a full hearing on its merits.
This development means that a High Court judge will rule on whether the Government acted unlawfully.