Key Tax Updates from the 2026 Budget - Seddons GSC
Budget cuts business sale relief to £500,000 and lifts savings tax rates by 2%, while introducing a new founders’ relief and pension rule changes.
4 Articles
4 Articles
Five key tax talking points before next week’s budget
Chancellor John Healey is set to deliver his inaugural budget next week, with taxation emerging as a significant policy area despite Labour’s election commitment to maintain current rates on income tax, national insurance, and VAT. The upcoming fiscal announcement is expected to address various levies that have drawn recent scrutiny, including inheritance tax, capital gains tax, and property-based charges. Inheritance tax has become increasingly…
Taxing times ahead for Scottish savers, investors and business owners
The Budget has brought a number of significant changes to business reliefs, inheritance tax, savings and pensions, with implications for Scottish taxpayers, write John McArthur, Partner and Laura Wilson, Associate, Gillespie Macandrew LLP
Key Tax Updates from the 2026 Budget - Seddons GSC
The Chancellor delivered the 2026 Budget on 28 October 2026. Whilst the main rates of capital gains tax and income tax on earnings remain unchanged, several measures will affect how individuals hold investments, plan the sale of a business and structure their wealth. Below, we summarise the key changes that are most relevant to our […]
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