Family business bulletin | October 2025
Welcome to the latest edition of our Family Business Bulletin
This edition brings together key themes that are shaping the financial and business landscape for family businesses. In this Autumn bulletin, we’re looking at personal finances – from pension reforms to potential changes from the upcoming Budget as well as considering how inheritance tax may develop further in the months ahead. We also share how we supported Golley Slater in its transition to employee ownership – an increasingly popular route for many businesses and one which more family businesses are finding valuable. Lastly, we are delighted to share our first insight, in conjunction with Decision Magazine, where family business leaders discuss how they’re engaging the next generation and preserving their value for the future.
We hope you find this edition useful. If you’d like to discuss any of the topics in more detail, we’d be happy to help.
Family business diagnostic tool
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Important dates
31 October 2025
Deadline for submission of 2024/25 personal tax returns if filed on paper.
18 November 2025
Companies House will require mandatory identity verification for all individual directors and Persons with Significant Control (PSCs) in the UK.
30 December 2025
Deadline to submit 2024/25 personal tax returns online in order to have underpaid PAYE collected through the 2026/27 tax code.
31 January 2026
Deadline for submission of 2024/25 personal tax returns if filed online. Due date for final payment of 2024/25 income tax, CGT, Class 2 and Class 4 NICs, plus first payment on account for 2025/26 income tax.
Financial planning: Autumn bulletin 2025
Our latest edition explores key development shaping personal finance – from pension reforms and potential Budget tax changes to the growing scope of inheritance tax. We also look at income investment opportunities and government initiatives encouraging shift from cash savings to equities investments.
Budget 2025: Will there be changes to inheritance tax?
With recent IHT reforms affecting businesses, farms and pensions – and more changes expected in the 2025 Autumn Budget – now is a key moment to review your wealth plans. With frozen thresholds and rising costs adding pressure, we explore what adjustments you may need to stay tax-efficient.
Moore Kingston Smith advises Golley Slater on employee ownership transition
Selling to an Employee Ownership Trust (EOT) allows business owners to secure their company’s future while benefiting employees and avoiding capital gains tax on the sale. In our latest case study, we share how we helped Golley Slater transition successfully to an EOT.
Family business – the next generation
As values, purpose and ESG climb the agenda, what truly sets family business apart today? Our latest collaboration with Decision Magazine explores how family businesses are engaging the next generation, maintaining their culture and preparing for future growth – sharing insights directly from business leaders themselves.
