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The capital gains tax annual exempt amount will be reduced from £6,000 to £3,000 from April 2024.
Comment It is estimated that around 570,000 individuals and trusts could be affected in 2024/25.
It is estimated that around 570,000 individuals and trusts could be affected in 2024/25.
The inheritance tax nil-rate bands will stay fixed at their current levels until April 2028. The nil-rate band will continue at £325,000, the residence nil-rate band will continue at £175,000 and the residence nil-rate band taper will continue to start at £2 million.
06 Nov 2025
The British Chambers of Commerce (BCC) has called for 'urgent action' to help small firms unlock trade deal benefits.
05 Nov 2025
In a pre-Autumn Budget speech from Downing Street, Chancellor Rachel Reeves has refused to rule out raising taxes in the upcoming Autumn Budget on 26 November.