Susan Murray MP: speeches

Speeches

• 24 Jun 2025 · VAT Registration Threshold: SMEs · Hansard source

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  It is a pleasure to serve under your chairmanship, Mr Vickers, and I thank the hon. Member for Mid Leicestershire (Mr Bedford) for securing this important debate. Small and medium-sized enterprises are not just crucial to our economy; they are its lifeblood, driving innovation, employment and local growth. In my constituency of Mid Dunbartonshire, we have many SMEs that contribute enormously to the local economy, including hair and beauty salons, and they also keep our high streets alive. Beyond this, though, our local businesses shape our communities, fostering a sense of identity and community pride, which we simply do not see when international conglomerates set up shop. However, as has already been mentioned, in the current business environment, with the increase in employer’s national insurance contributions, the huge increase in utilities costs, and inflation driving up the cost of materials, the current VAT threshold poses a substantial barrier, actively stifling the potential of SMEs and limiting their growth. The VAT threshold, currently set at £90,000, creates a growth cliff edge for SMEs. Many businesses deliberately limit their turnover to avoid crossing this threshold and facing the administrative burden, increased costs and competitive disadvantages that follow. That ceiling hampers ambition and penalises success—the exact opposite of what our tax system should encourage. The leap to becoming VAT registered means businesses face not only significant new compliance costs, but the challenge of remaining price competitive. Non-VAT-registered competitors can undercut prices, placing growing businesses at a distinct disadvantage, and their larger competitors can use their size to offset the additional burden of VAT. Essentially our small, growing businesses are competing with those at the top and those at the bottom, both of which the system is designed to help. Moreover, the sudden administrative burden—VAT accounting, quarterly reporting and more complex financial management—is daunting and resource intensive. Such complexity distracts entrepreneurs from their primary goal: growing their business, creating jobs and contributing positively to their local economy. The current VAT threshold discourages growth, distorts competition and creates unnecessary administrative challenges for SMEs. It is clearly time for change. Through a smoother transitional system or targeted administrative support, we must ensure our tax system empowers small businesses to grow confidently, and does not hold them back at critical stages of their development.

• 3 Jun 2025 · Inheritance Tax: Family-owned Businesses · Hansard source

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  That was the point I was making when I asked the Minister whether there is an established methodology to make sure that the valuation of companies reflects the current situation. This change does not target the ultra-wealthy or global conglomerates. In many parts of the UK even modest enterprises, especially those with land and equipment, which are often the biggest local employers, exceed the £1 million relief cap. Unlike large corporations, family businesses cannot just offshore ownership structures or use complex tax arbitrage to avoid the costs. I am sure that every Member present, including the Minister, agrees that preserving the businesses at the heart of our communities should be the Government’s priority, not erecting barriers that create an environment too toxic for family businesses to survive. Will the Minister consider raising the relief cap to £2 million, as requested by the Scottish Chambers of Commerce network? That would make more family businesses exempt from this dangerous inheritance tax, thereby protecting jobs and local businesses. The reality is that the Government have not undertaken an impact assessment, and according to estimates by the Office for Budget Responsibility, the changes to business property relief and agricultural property relief will raise only around £1.8 billion over a four-year period. That amount comes with a high uncertainty rating, because behaviour change might alter it significantly, and it cannot be compared with the £27 billion of VAT, late PAYE and national insurance that HMRC is yet to collect. Forcing family businesses to reduce investment, withdraw capital, dispose of assets or sell or shut their business entirely to release cash to fund inheritance tax liability will weaken the competitiveness of not only the businesses themselves, but the wider UK economy. The changes may be well-intentioned, but they are misdirected in their execution. They risk treating genuine business owners in the same way as passive investors, and in doing so they ignore the fact that these reliefs were originally designed to protect the continuity of real working businesses in real communities. In conclusion, will the Minister consider amending the proposed legislation to ensure that the changes do not weaken genuine family businesses—

• 3 Jun 2025 · Inheritance Tax: Family-owned Businesses · Hansard source

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  I beg to move, That this House has considered the impact of Inheritance Tax on family-owned businesses. It is a pleasure to serve under your chairship, Sir John, and a privilege to lead this debate on a matter of real consequence to our economy. I begin by paying tribute to the extraordinary contributions that family-owned businesses make across the country, not least in my own Mid Dunbartonshire constituency. They are not just economic actors; they are part of the fabric of our communities. They offer good local jobs and apprenticeships, sponsor local sports teams, support local charitable activities, and keep our high streets and industrial parks alive with character, energy and local pride. According to the Fraser of Allander Institute, in 2025 family-owned businesses are in turbulent and uncertain times. They are facing national insurance increases, with many scaling back plans for workforce expansion and recruitment as a result. The latest quarterly economic indicator from the Scottish Chambers of Commerce network presents a stark picture, as businesses face pressure that threatens to derail growth, investment and competitiveness. Taxation is now the No. 1 concern facing Scottish businesses.

• 3 Jun 2025 · Inheritance Tax: Family-owned Businesses · Hansard source

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  I agree; it is important we understand that these businesses and family farms exist in their own right and are not simply personal property, even though they are family owned. Today, under Andrew Young, Young’s foundry continues to provide skilled and specialist manufacturing from its bases in Kirkintilloch, Motherwell and the north of England. Like so many of the family-run firms we are here to talk about, its success has been built over decades of hard work and reinvestment in its business and workforce, yet recent Government policies are putting that at risk. Clearly, family-owned businesses can cope with challenges in the economic and business environment, which they have navigated over generations, but when Government policies are hostile to their success and survival, their ability to create jobs and grow the economy is eroded and their future is uncertain. Whether it is rising energy and employment costs, burdensome business rates or disproportionate regulatory hurdles, these enterprises face challenges that their multinational competitors are often better equipped to absorb, or that they do not face at all. The reforms to business property relief and agricultural relief announced in the 2024 autumn Budget have dealt family businesses a blow that risks undermining the very principle of intergenerational succession that has been at the heart of their success. They must retain profits to reinvest in business assets, to enhance business competitiveness and invest in product development. Prior to the reforms, the shares held in private family-owned businesses could be passed on upon death to the next family generation, free of inheritance tax. This was enabled by the shares qualifying for 100% business property relief. The 2024 Budget introduced a new £1 million relief cap beyond which inheritance tax is due, with business property relief of 50%, resulting in an inheritance tax charge of 20% being applied to such transfers upon death. This sudden change means that family financial planning opportunities are much more limited. Under the new rules any lifetime transfer of business property relief or agricultural property relief assets made on or after 30 October 2024 will be subject to the new relief limits if the donor dies on or after 6 April 2026. GAP Holdings Ltd is another family-owned business based in my constituency. I thank Mark Anderson of GAP for allowing me to share his company’s position in this debate. He has also met the Secretary of State for Business and Trade and colleagues. Founded in 1969, GAP’s tool-hire business has grown dramatically. By reinvesting in its assets over the past 10 years, it has tripled its turnover and now employs over 2,000 people across the UK. GAP’s annual profit to March was £44 million, and its earnings before interest, taxes, depreciation and amortisation were £132 million. For GAP, the potential inheritance tax charge arising upon the death of the second generation would amount to tens of millions of pounds. The proposed £1 million relief cap would make no meaningful difference to the size of the problem. Three months ago, GAP exceeded the £1 million mark in its total donations to charitable causes. That is the kind of benefit that these businesses bring to the community. The inheritance tax changes would require the independent valuation of companies. Will the Minister clarify whether there is a consistent and defined methodology for that activity? When a family business owner dies and leaves shares to the next generation, there is no cash available to pay inheritance tax liability and no windfall to successors. In practical terms, it is business as usual, and the business continues to use its assets to trade and contribute economically to the local community. It is not the same as selling a business; however, it may force the company to be sold completely to pay the liability. Will the Minister confirm that it is not the Government’s intention that a family-owned business that has been passed down through the generations is forced to be sold as a result of the change, or forced into failure by having to take on unsustainable levels of debt?

• 29 Apr 2025 · Topical Questions · Hansard source

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  In my constituency, many elderly and disabled people face very high energy bills due to essential medical equipment and heating needs. What support are the Government providing to ensure that these households are protected from the high cost of electricity?

• 1 Apr 2025 · Eating Disorder Awareness · Hansard source

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  It is a pleasure to serve under your chairship, Mr Stuart. I thank my hon. Friend the Member for Bath (Wera Hobhouse) for securing this debate and for all her work. It is important that we keep bringing attention to this important issue, because eating disorders continue to claim far too many lives and undermine the wellbeing of countless people. As we have heard, recent statistics show the severity of the challenge. The proportion of 11 to 16-year-olds with an eating disorder rose from one in 200 in 2017 to five in 200 in 2023. Hospital admissions have doubled in the past decade, and as we know, hospital is not always the most appropriate destination. More alarmingly still, rates among 17 to 19-year-olds surged from one in 100 in 2017 to more than 12 in 100 last year. Despite those worrying statistics, eating disorders are often viewed through a narrow lens. Conditions such as muscle dysmorphia are increasingly affecting teenagers and are challenging the stereotype of what an eating disorder is. Muscle dysmorphia is a dangerous condition that can lead not only to disordered eating, but in some cases to the use of anabolic steroids or other performance-enhancing substances, as we are increasingly seeing. Social media platforms play an influential role in shaping perceptions of body image and can sometimes fuel these destructive conditions. We are continually exposed to curated images of supposedly perfect physiques, with posts and videos that can glamorise unhealthy behaviours. Although social media has the potential to serve as a space for positivity and connection, we must recognise that it can also intensify body-related anxieties and push vulnerable individuals towards extreme measures. Rather than letting this content spread unchecked, it is vital to ensure that any material glorifying unhealthy lifestyles, whether that means severe calorie restriction or steroid use, is firmly curtailed, while healthy evidence-based advice is made readily available. We must address eating disorders by looking not just at the initial health impact, but at the wider environment, and taking a holistic, preventive approach. We should support educators and parents as well as healthcare professionals in understanding how to identify early warning signs. At the same time, those responsible for digital platforms must be held to account for the environment that they create and for the potentially harmful messages that they allow to be shared. Designing algorithms to highlight balanced, medically sound advice, rather than misleading or extreme content, would be a significant step in minimising the harm and in guiding young people towards healthy lifestyle choices. In the light of the growing impact of eating disorders and related conditions such as body dysmorphia, I urge the Government to recognise the growing threat. By combining robust health education with online protections, we can take the first step towards safeguarding the next generation from an epidemic that has already caused so much damage. We owe it to our children and young people to ensure that they can learn, socialise, grow and celebrate difference. I absolutely support my hon. Friend’s call for an eating disorder strategy as the first step.

• 27 Mar 2025 · Prevention of Drug Deaths · Hansard source

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  It is a pleasure to serve under your chairmanship, Dr Murrison. I am grateful for the opportunity to address the important issue that the hon. Member for Strangford (Jim Shannon) has brought before us today. The UK’s outdated drug laws, intended to protect citizens, have deepened harm and opened the door to criminal gangs. That has led to a state in which in 2023 there were nearly 7,000 deaths from illegal drug use—a tragic failure to shield vulnerable people from the dangerous reach of the illegal market. The so-called war on drugs, championed by successive Governments, has not halted the supply of harmful substances. It has neither reduced addiction nor prevented disastrous impacts on families and communities. The emphasis on enforcement has allowed underground networks to thrive, and ultimately neglected the fundamental public health challenges at hand. We have clear evidence that we need to switch to a new approach, under which compassion and an understanding of addiction as a medical issue guide decision making. I have seen at first hand the impact that that switch can make, having recently visited the safe consumption facility in Scotland and two that are well established in Norway. That allowed me to see how such facilities not only save lives but help communities. They allow addicts to access services and get the care and support that they need. By offering a clean and monitored environment for those who are dependent on drugs, those centres have reduced open-air drug use in surrounding areas, helped more people to step on to the pathway to treatment and support, and saved the lives of users. So, it is with the lives of users and our communities in mind that I urge the Government to focus attention on three vital reforms. First, transfer the policy lead from the Home Office to the Department of Health and Social Care, ensuring that addiction is tackled as a health condition and not merely as a criminal matter. Secondly, invest in robust, evidence-based addiction services that make help readily available and eliminate waiting times. Thirdly, replace criminal penalties for simple possession with civil penalties where appropriate, empowering treatment options over punishment. By enacting these reforms at a national level we can send a clear message, putting people’s health first, saving lives and restoring dignity to families and communities that have borne the brunt of drug-related harms. Most important, we will begin to break the cycle of ineffective criminalisation, offering hope and a genuine path forward to those struggling with addiction.

• 30 Jan 2025 · Medicinal Cannabis · Hansard source

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  It is a pleasure to serve under your chairmanship, Ms McVey. It is undeniable that the United Kingdom’s relationship with cannabis remains fundamentally flawed. For too long, our prohibitionist stance has shaped public perception, linking cannabis with criminality instead of recognising its significant therapeutic value. Sometimes those who do recognise its therapeutic value are pushed into criminality. In reality, for many people across the UK, access to cannabis-based medicines can represent the difference between enduring chronic pain or multiple fits and leading a fulfilling life. That discrepancy is central to this debate. Although, in principle, current regulations permit cannabis prescriptions for severe epilepsy, chemotherapy-induced nausea, muscle stiffness or spasms related to multiple sclerosis, genuine accessibility remains elusive. As the hon. Member for Strangford (Jim Shannon) has already mentioned, between 2018 and 2022 fewer than five NHS prescriptions for unlicensed medical cannabis, with the resulting funding issues, were issued, while private providers supplied nearly 90,000. The stark contrast highlights the vast gulf between existing policy intentions and the lived experiences of patients seeking relief. Not only is this situation profoundly unjust for individuals who rely on cannabis to manage debilitating symptoms and have found no alternative, but it also entrenches an inherently two-tier healthcare system. Those with the financial means to travel for specialised appointments and cover private clinical expenses can access treatments that are virtually unobtainable for those who depend entirely on the NHS. While opinions on medical cannabis differ, I am sure we all agree that no one in Britain should be forced to pay exorbitant fees simply to secure a legally sanctioned and potentially life-changing medication. The situation is further compounded by the fact that our outdated perspective on cannabis continues to hold back domestic medical innovation and economic growth. At a time when the Government project a modern vision for the nation, Britain lags behind international counterparts who have embraced a more progressive approach to cannabis-based treatments. By clinging to outdated stigmas, we not only fail our patients but also forgo opportunities to develop a robust medical cannabis sector, stifling both financial potential and essential healthcare advantages. In the light of those realities, we must adopt a more compassionate and patient-centred strategy that does not penalise individuals for their economic circumstances. It is with this in mind that we must launch an investigation into the feasibility of GP prescribing of cannabis-based products, so that crucial treatments reach those who need them quickly. Such measures would reduce reliance on expensive private options, remove inequality and the push towards criminality, and alleviate unnecessary suffering of thousands of people nationwide. Given the clear shortcomings of the current system, my colleagues in the Liberal Democrats and I urge the Government to reform policy in practice around medicinal cannabis across the UK. By doing so, we can ensure that patients receive the care they deserve while fostering a modern healthcare environment that truly reflects Britain’s commitment to innovation, compassion and equity.

• 15 Oct 2024 · Scotland’s Economy · Hansard source

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  I thank you for chairing this debate, Mr Dowd, and I thank the hon. Member for Glasgow East (John Grady) for bringing this important topic to Westminster Hall. I thank all colleagues for their contributions—we are definitely stronger together. Building on the talent and experience in Aberdeen, by developing new industries with the support of the best universities in the world, can only help us to secure investment for the future, using Scottish talent and supporting areas of our economy such as the hospitality industry. Scottish Government figures show that 338,000 small and medium-sized enterprises operate in Scotland. Those SMEs have created an estimated 1.2 million jobs, or 56% of private sector employment, and 42% of private sector turnover as of March 2023. Despite their economic contributions, small businesses are in decline in Scotland. Both the SNP Scottish Government and the previous Conservative UK Government have implemented policies that have resulted in high energy costs and a challenging economic environment, preventing SMEs from thriving. The previous Conservative Government mishandled the economy and jeopardised public finances, which halted economic growth and increased the cost of our debt. Their bungled Brexit deal has harmed the economy and increased costs for businesses, with 38% of SMEs reporting that the UK’s exit from the EU has been a major obstacle to their success. Further compounding these challenges, the SNP cut more than £23 million from net zero and energy spending, breaking its promises and reducing crucial investment in renewable energy infrastructure. That decision directly impacted opportunities to lower energy costs for businesses, despite the fact that 72% of SMEs identify energy expenses as a significant obstacle to their success. In my Mid Dunbartonshire constituency, some small businesses are facing electricity standing charges of £16 a day. The Scottish Chambers of Commerce quarterly economic indicator for Q3 2024 highlights anxieties about taxation in Labour’s autumn Budget. Pressures on cash flow and profit margins are already limiting growth and squeezing profits for businesses. Scotland, which hosts some of the largest wind farms in Europe, not only faces high energy costs for consumers, but fails to produce even a single wind turbine blade domestically. That fact is tied to the mismanagement of public contracts, including handing over £50 million to a firm that immediately collapsed, leaving no solution or recovery plan in place. Such setbacks not only undermine progress on renewable energy in Scotland, but limit the potential benefits for local businesses and communities. Business and consumer confidence in Scotland is falling, but as a Liberal Democrat I am optimistic for Scotland’s future. The Liberal Democrats are committed to investing in innovation and skills to boost economic growth and create good jobs. We want to invest in community health services and fix the crisis in social care to get more people back into work. We want to ensure stability, certainty and confidence in public finance, while reducing the national debt as a share of GDP and maintaining essential investments such as those into our green transition. Finally, we are dedicated to repairing our fractured relationship with the European Union, restoring the benefits it once gave to Scottish businesses as well as to individuals.