The headline rates of capital gains tax (CGT) were left untouched in today’s (28 October) Budget despite previously being rumoured to be a “front-runner” for tax hikes.
There were, however, tweaks to CGT mentioned by Chancellor John Healey. This included CGT Founders' Relief which will allow a 10% CGT rate on up to £10m of lifetime gains for qualifying founders of "high-growth, innovative" companies from 6 April 2027. A consultation on this is expected to follow with measures introduced through Finance Bill 2026-27. Additionally, there will be a reduction the lifetime limit for capital gains eligible for Business Asset Disposal Relief (BADR) from £1 million to £500,000 from April 2027. The government claims three-quarters of BADR claimants wi...
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