On Wednesday 26th March 2025, Rachel Reeves will deliver her spring Statement*.
Last year’s autumn Budget landed with a bang, and it’s widely expected that some of the policies revealed in that Budget will be revised or clarified in the Statement. Areas that might affect business owners include:
– Potential relief measures for employers’ National Insurance Contributions (NICs), which are set to rise on 6 April 2025
– Adjustments to the inheritance tax (IHT) policy, following protests from the agricultural sector regarding the proposed £1m cap on business and agricultural property relief
– Possible changes to the rate of capital gains tax (CGT) rate applied to business asset disposal relief
We’ll be providing an overview of any changes or developments, and running a live Q&A session where you can submit your questions to Chartered Financial Planner, James Whittington.
Register now to receive your event joining link, and we’ll see you on the day.
*Unlike recent years, Labour have indicated they prefer to have one Budget a year, in late autumn. However, that doesn’t prevent Rachel Reeves making fiscal changes, such as around tax, in the spring.
With James Whittington
Chartered Financial Planner
More about James >
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