Business owners and investors in the UK are rushing to complete transactions before possible tax hikes in the Autumn Budget.
Expected changes include potential increases in Capital Gains Tax (CGT) and employers’ National Insurance contributions, revisions to Business Asset Disposal Relief (BADR), and tighter rules for carried interest.
The anticipation of tax reforms has led to a surge in pre-budget transactions as people aim to lock in gains under the existing rates.
Business groups express concerns that these changes could stifle economic growth, particularly among start-ups and SMEs.