Tax Hikes May Not Be Over: Labour Faces Questions Over Future Fiscal Plans & Inheritance Tax Hikes: A Blow for Small Businesses and Succession

The 2024 Budget introduces a set of changes to the tax landscape, particularly around NI, CGT & IHT. Here's what business owners need to know.

Experts are sounding alarms that salary sacrifice schemes may be at risk in the upcoming budget & a hike in CGT & N.I. could devastate businesses.

Goldman Sachs has projected that Chancellor Rachel Reeves will implement tax increases of "at least" £15bn to £20bn in the upcoming October Budget.

Starmer has all but confirmed significant tax increases in next month's budget, cautioning that a "painful" budget is necessary.

Labour is facing significant pressure to raise more in inheritance tax in order to fund the party's social care and housing pledges

In Monday's announcement, the Chancellor revealed that October 30 would be the first Budget Day under the new Government, and that tax rises are being prepared.

Business owners accelerating their plans to sell, driven by concerns over potential tax increases & Reeves might introduce up to £25 billion in tax increases

Following Labour's recent election victory, business owners over 50 are scrambling to sell their businesses due to fears of a potential CGT increase.

As the Labour party eyes a potential victory in the upcoming general election, it is crucial for business owners to reassess their tax planning strategies.

As the election nears, speculation about changes to Capital Gains Tax intensifies, fueled by recent statements from both Labour and the Lib Dems

Aside from Capital Gains Tax rises and SDLT rises, as other taxes will be frozen, are we likely to see the removal of related reliefs?

Snap Election announced amidst growing speculation about significant tax increases on the horizon - business owners urged to act on tax planning now.

Landmark rulings by Upper Tier Tax Tribunal for Baxendale Walker case & HMRC's decision on non-deductibility of provisions.

Labour's Tax Pledge Sparks Concern: Capital Gains Tax rises on Carried Interest for UK Private Equity & Labour Proposes Tax Increase for Non-Domiciled Residents

In the wake of Jeremy Hunt's Spring Budget announcement yesterday, Qubic clients can breathe a sigh of relief as their tax planning remains unaffected.

Labour's Plan to Increase CGT Gains Momentum Amid PM Tax Revelations: Rachel Reeves has reaffirmed Labour's commitment to raising CGT if they win 2024 election.

The UK's budget deficit is set to increase to a level never before seen in peacetime, as government borrowing to cover the coronavirus cost burden skyrockets to the largest level since the Second World War.

Business succession planning remains one of the most important considerations for business owners, particularly during periods of economic uncertainty. A well-structured exit or succession strategy can protect wealth, reduce tax exposure, safeguard business continuity and help ensure a smooth transition for future generations.