Autumn Budget 2025 – What it means for your family business
Following yesterday’s Autumn Budget, our Family Business Tax Partner, Yvette Jacobs-Lee, has recorded a short update outlining the key announcements and what they mean for family-run enterprises.
In this year’s video, Yvette covers three areas that matter most to family business owners:
- Cash extraction: the impact of increased dividend tax rates and what this means for remuneration planning.
- Succession planning: changes to the £1m Business Relief allowance from 6 April 2025 and how this could shape long-term wealth and ownership strategies.
- Exit planning: the Government’s restriction of the capital gains tax exemption for transfers to Employee Ownership Trusts, and how this may influence decisions around future exits.
How can we help?
Our family business team has decades of experience supporting multi-generational enterprises with tax strategy, succession, governance, and long-term planning. If you would like to discuss any of the changes from the Autumn Budget and how they may affect your business, please get in touch.
