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Business owners locked in “race against time” against Autumn Budget tax hikes, says tax expert

  • 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.

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