October 2024

As the UK approaches the October 2024 Budget announcement, discussions surrounding potential changes to Capital Gains Tax (CGT) are intensifying. Labour’s fiscal strategy will likely reflect the ongoing economic challenges, including inflation, public spending pressures, and efforts to stimulate growth.  

What might this mean for the Enterprise Investment Scheme (EIS)? Let’s explore any potential increase to CGT rates, the implications for EIS, and what this means for investors and startups alike. 

As the Labour Government prepares for its first Budget, Inheritance Tax (IHT) remains a significant topic of discussion. Deepbridge has taken this opportunity to summarise the current state of IHT in the UK and how changes may have implications, particularly concerning Business Relief investments.

PRESS RELEASE:  1st October 2024