Better tools to reward key staff Budget 2025 expands Enterprise Management Incentive (EMI) limits: More employees can qualify Higher company size thresholds Bigger share option limits Longer holding periods For
The headlines From 2026: A new 40% first-year allowance (FYA) for main rate plant and machinery. The standard writing-down allowance falls from 18% to 14%. This changes the pattern of
A new annual wealth tax by another name From April 2028, England introduces a High Value Council Tax Surcharge on homes worth £2m+. It’s effectively a new annual tax on
The end of easy offshore planning The Budget continues to clamp down on non-dom and offshore planning, including: Tightening the residence-based regime Capping IHT benefits for some excluded property trusts
IHT: more estates dragged into the net The IHT nil-rate band and residence nil-rate band are frozen to April 2031. Meanwhile, asset values, especially property and business values, continue to
The end of “unlimited” NIC-free salary sacrifice Salary sacrifice has long been a favourite planning tool: You cut your salary Your company pays the equivalent into your pension You save
Homeworking costs: no more personal deduction From April 2026, the ability for employees to claim income tax relief on non-reimbursed homeworking costs disappears. For small businesses that went hybrid or
Why small business owners should care about ISA changes Most small business owners have two hats: You as business owner You as individual investor or saver Budget 2025 keeps the
The shift: taxing wealth more like work Budget 2025 continues a clear trend: income from assets is being taxed more heavily. Over the next few years: Tax rates on rental