Oh, the thrilling world of inheritance tax changes putting plant equipment owners in a pickle! It seems like the CPA and SPOA are not too happy campers with these adjustments. Long-established tax reliefs like BPR and APR are getting a makeover, potentially leaving firms at risk. KPMG sheds light on how these changes could impact inheritance tax obligations, raising concerns about the next generation’s ability to carry the torch. Mulholland’s words hit hard - plant-hire firms might be asset-rich but cash-poor, a classic case of financial imbalance. SPOA is not holding back, predicting a “catastrophic decline of the plant-hire industry.” Let’s hope these changes don’t uproot the firms entirely! 
#PlantTaxChangesMess #InheritanceWoes #FirmsInFlux