JCB heir threatens to take company abroad due to IHT changes

The billion-pound company could move to the US following Labours ‘problematic’ family farm tax changes, says JCB heir

Mia Willemsen
News and business reporter
clock • 1 min read
JCB heir threatens to take company abroad due to IHT changes

Jo Bamford, son of JCB chairman Lord Bamford, said he was considering relocating to the US to avoid paying the 20pc tax on assets valued at over £2.5m. After describing the family farm tax as a...

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