Budget 2026 predictions: what tax changes can we expect? - The Times

2026 Budget: Impact on Business and Taxes

John Healey's Budget 2026 includes plans to raise taxes on retiring entrepreneurs and introduce income tax on transfers of family businesses. These announcements have caused a sharp decline in UK consumer confidence. Experts predict further tax changes and advise on saving to mitigate future financial impacts. The Budget has also led to discussions about the future of family businesses and the potential impact on entrepreneurs.

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