The changes to Business Asset Disposal Relief (BADR) announced in the Budget will reduce the rewards for those who take the risk of setting up a new business and driving its success.
Business Asset Disposal Relief
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Asset Protection
Asset Protection
Inheritance Tax and Business Property Relief
How will the changes to Business Property Relief affect your Inheritance Tax bill? If you hold shares in your trading company or an interest in a partnership or sole trader, from 6 April 2026 you are likely to pay 20% inheritance tax on the value of your holding or interest above £1m. Why? Because of the changes to Business Property Relief announced in the Autumn Budget.
Autumn Budget Headlines
Here are the headlines from the Chancellor’s Autumn Budget. We have focussed particularly on the business tax measures announced in the Budget.
business rates
What are we expecting in the Autumn Budget 2024?
A round up of the major announcements we expect to hear in the Autumn Budget 2024 and what we know already.
Budget date 30 October 2024
Rachel Reeves is building up to tax increases. Capital Gains Tax (CGT) and higher rate relief on pension contributions are the likely targets. Craig Simpson, Tax Partner at Bates Weston sets the scene for tax increases and the actions to consider.
What is a Family Office?
Craig Simpson, Tax Partner at Bates Weston, explains what a Family Office is and looks at whether your family should have one.
Inheritance Tax Review
Richard Coombs, Tax Partner at Bates Weston, takes a look at Inheritance Tax Planning and the benefits of an Inheritance Tax Review – a topic no one likes to think about, but we really should.
Delving into Demergers
Richard Coombs, tax partner at Bates Weston, uncovers the problems demergers are designed to fix. He explains how problems arise and why trying to resolve them using anything other than a demerger can often lead to significant tax charges.
What is a holding company?
Craig Simpson, Tax Partner at Bates Weston, provides a brief guide to the holding company, including its purpose and how to put one in place.
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