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Analysis and commentary from AAB’s team of tax experts, identifying the key changes and outlining the practical implications of the Autumn Budget 2024 for you and your business are available in the attached guide.


Some of the Main Changes:


  • Increase in Capital Gains Tax rates from 30 October 2024. 

  • Personal tax rates and allowances on income continue to be frozen at current levels with no increases until 2028/29.

  • Substantial increases in Employers’ National Insurance Contributions from 6 April 2025.

  • Stamp Duty Land Tax surcharge for buying additional dwellings increased from 31 October 2024.

  • Confirmation that VAT will apply to private school fees from January 2025. 

  • IHT agricultural and business property reliefs restricted from April 2026. 


In their Autumn Budget Guide, they explore the impact of these changes on you and your business. Navigating these changes can be challenging and professional advice should be sought prior to making any decisions based on the changes announced.


Download A Copy Of The Guide Here:


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FBU continues to expand and has a growing membership base around the world. Recognised as THE family business champions we have also gained recognition in both of the Top 100 Global Family Business Influencers list compiled by Family Capital. We are also the VOICE of the family business community, celebrating their contribution throughout the UK and beyond.

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Family Business United (‘FBU’) is an unparalleled rallying point and voice for the global family business community and an invaluable source of insight into the sector.  FBU is a resource for all, family businesses of all sizes and sectors, and their advisers, helping to raise the profile of the family business sector and to encourage greater awareness of the contribution that family firms make to the global economy through employment, income generation, wealth creation and charitable endeavours.

At FBU, everything we do is about the family business, creating the best resource available to help families in business get access to the resources and support they need to continue their family business journey, wherever it will take them.

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