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Labour's 2024 Budget revamps CGT and IHT: What Business Owners Need To Know

Labour's 2024 Budget revamps CGT and IHT: What Business Owners Need To Know

The 2024 Budget introduces a set of changes to the tax landscape, particularly around NI, CGT & IHT. Here's what business owners need to know.

01/11/2024

Countdown to Change: Businesses are Preparing for Labour Budget Plans

Countdown to Change: Businesses are Preparing for Labour Budget Plans

Experts are sounding alarms that salary sacrifice schemes may be at risk in the upcoming budget & a hike in CGT & N.I. could devastate businesses.

15/10/2024

Goldman Sachs Predicts 'At Least' £20bn In Tax Hikes For The Upcoming Budget

Goldman Sachs Predicts 'At Least' £20bn In Tax Hikes For The Upcoming Budget

Goldman Sachs has projected that Chancellor Rachel Reeves will implement tax increases of "at least" £15bn to £20bn in the upcoming October Budget.

11/09/2024

Prime Minister Confirms a "Painful" Autumn Budget Is Coming Next Month

Prime Minister Confirms a "Painful" Autumn Budget Is Coming Next Month

Starmer has all but confirmed significant tax increases in next month's budget, cautioning that a "painful" budget is necessary.

02/09/2024

Labour Urged To Taget IHT For Boosting Social Care & Housing Funds

Labour Urged To Taget IHT For Boosting Social Care & Housing Funds

Labour is facing significant pressure to raise more in inheritance tax in order to fund the party's social care and housing pledges.

31/07/2024

Government Confirms Tax Increases Will Be Introduced In 3 Months' Time

Government Confirms Tax Increases Will Be Introduced In 3 Months' Time

In Monday's announcement, the Chancellor revealed that October 30 would be the first Budget Day under the new Government, and that tax rises are being prepared.

31/07/2024

Business Sales Soar 70% Amid Tax Fears & Reeves to Unveil £25bn Hike

Business Sales Soar 70% Amid Tax Fears & Reeves to Unveil £25bn Hike

Business owners accelerating their plans to sell, driven by concerns over potential tax increases & Reeves might introduce up to £25 billion in tax increases

17/07/2024

Business Owners Scramble To Sell Amid Fears Of Labour's CGT Hike

Business Owners Scramble To Sell Amid Fears Of Labour's CGT Hike

Following Labour's recent election victory, business owners over 50 are scrambling to sell their businesses due to fears of a potential CGT increase.

09/07/2024

Labour Actively Targeting CGT & Inheritance Tax In Major Wealth Tax Reform Plans

Labour Actively Targeting CGT & Inheritance Tax In Major Wealth Tax Reform Plans

As the Labour party eyes a potential victory in the upcoming general election, it is crucial for business owners to reassess their tax planning strategies.

03/07/2024

Election Countdown: Key Updates & High-Stakes Developments

Election Countdown: Key Updates & High-Stakes Developments

As the election nears, speculation about changes to Capital Gains Tax intensifies, fueled by recent statements from both Labour and the Lib Dems.

24/06/2024

Labour's Tax Pledge: What's Missing from the Promise?

Labour's Tax Pledge: What's Missing from the Promise?

Aside from Capital Gains Tax rises and SDLT rises, as other taxes will be frozen, are we likely to see the removal of related reliefs?

05/06/2024

July 4th Snap Election: Implications For Tax Policy & Business Owners

July 4th Snap Election: Implications For Tax Policy & Business Owners

Snap Election announced amidst growing speculation about significant tax increases on the horizon - business owners urged to act on tax planning now.

30/05/2024

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