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…
READ MOREAutumn Budget 2025: Businesses
The reaffirmed commitment to the Corporate Tax Roadmap published at last year’s Budget means that this Budget brings a set of more piecemeal changes for businesses. Some of these, such as changes to the UK’s transfer pricing regime, are expected and, broadly, welcome. Others, such as the decision to restrict the level of capital gains…
READ MOREAutumn Budget 2025: Employers
The biggest headline for employers – albeit one that had been anticipated – is a restriction to the availability of salary sacrifice schemes for pension contributions. The government’s decision to cap relief rather than abolish it entirely will introduce complexity, and employers should use the time between now and the April 2029 start date for…
READ MOREAutumn Budget 2025: Individuals
Much of the speculation ahead of the Budget was again focused in the personal tax space. In the event, what we saw was a mixed bag. No overall increase in income tax but 2% added to the rates of tax applicable to property income, savings income and dividends will push up taxes for those with…
READ MOREBudget 2025: Will there be changes to inheritance tax?
Read our Autumn Budget 2025 commentaries for businesses, individuals and employers. With last year’s major inheritance tax (IHT) reforms impacting certain businesses, farms and pension savings – and further changes expected in the Autumn Budget 2025 – many individuals are questioning how best to protect their wealth. Frozen tax thresholds, the rising cost of living…
READ MORESpring Statement 2025: What you need to know
Despite increasing pressure on the public finances, the Chancellor has largely stuck to her promise that there would only be one major fiscal event each year. The message from this Spring Statement 2025 was that the world has changed significantly since the Budget last October, but that the government remains committed both to economic growth…
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