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'Sigh of Relief' as Healey Woos British Founders with £10m Tax Break

The new 10% founders’ rate is offset by a lower disposal relief cap, with officials estimating a £300 million cost by 2030.

Summary by City AM
Britain’s startup founders have welcomed a sweeping package of tax breaks in John Healey’s first Budget, but investors warned that the Chancellor’s attempt to keep the country’s most promising businesses at home will fall short without more capital to help them grow. At the centre of Wednesday’s announcement was a new Founders’ Relief, offering entrepreneurs [...]

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Healey Unveils New 10% Tax Rate for Entrepreneurs

·New York, United States
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bloombergtax.com broke the news on Wednesday, October 28, 2026.
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