Budget Flashcards
1
Q
What has been raised in the current budget?
A
APR and BPR are now only 100% combined relief for the first £1 million
After that, the rate is 50%
From 2026
Delinnked payments to be slashed by 76% for current payments less than £30,000
For delinnked payments over £30,000 new payment to be caped at £7,200 from 2025
CGT increased from
10% to 18% for lower rate
And 20% to 24% for higher rate
