Wed, 20 Nov 2024 17:00
Rachel Reeves’s Autumn Budget introduced several key changes that may affect your family’s financial plans in the coming years, including:
- Inherited pensions becoming subject to Inheritance Tax (IHT) from 2027.
- Capital Gains Tax (CGT) increases for non-residential assets, with rates rising to 24% at the higher tax rate and 18% at the lower rate.
- A new combined £1 million cap on Business Property Relief (BPR) and Agricultural Property Relief (APR), with values above this threshold qualifying for 50% relief starting in April 2026.
Join our panel of experts as they discuss how these changes could impact your financial plans and share strategies to help you navigate this evolving tax landscape with confidence.
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