Employee Ownership Trusts surge as entrepreneurs seek tax-friendly exits Entrepreneurship The number of UK businesses transferring ownership to employees through Employee Ownership Trusts (EOTs) as business owners seek to preserve their company's ethos.
Which taxes will Labour hike in the October Budget? Economics Kier Starmer has said that those with the "broadest shoulders should bear the heavier burden". So where will Starmer and Reeves turn to raise some extra cash?
‘Pension death tax’ on the cards as Reeves looks to raise cash Politics Tom Selby, director of public policy at AJ Bell, said many of the possible reforms come with "significant practical and political challenges".
Labour’s upcoming tax rises – and what to do about them September 10, 2024 Here’s how wealth creators in the UK can navigate the upcoming tax changes, write Ollie Saiman and Katherine Waller As we approach the new government’s first budget it seems almost impossible to avoid the widespread speculation about what Halloween tricks or treats are going to jump out of the Chancellor’s red box on 30 October. Given the [...]
Non-doms are paying record taxes, but Labour will shove them out the door July 12, 2024 The wealthiest non-doms are packing their bags and taking their outsize contributions to the exchequer with them, and that’s just the start of the exodus of the wealthy that will occur if Labour implements its plans, says David Lesperance “London is nice… but it’s not that nice!” These were the words of one of my [...]