Capital gains
The capital gains tax annual exempt amount will be reduced from £6,000 to £3,000 from April 2024.
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It is estimated that around 570,000 individuals and trusts could be affected in 2024/25.
Inheritance tax
The inheritance tax nil-rate bands will stay fixed at their current levels until April 2028. The nil-rate band will continue at £325,000, the residence nil-rate band will continue at £175,000 and the residence nil-rate band taper will continue to start at £2 million.
Coronavirus / Covid-19
We have set out the steps we have taken to minimise the impact of Covid-19, together with details of support for our clients.
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How we can help
If your charity is in London or the surrounding areas we can help you. Contact us at Edward Amber to find out more.