All press releases
How family farm businesses could be hit by Budget inheritance tax relief overhaul
At the Autumn Budget on 30 October, the Chancellor announced that agricultural property relief (APR) and business relief (BR) will be reformed. Yorkshire financial planner looks behind the Treasury numbers
Cambridge dealmakers complete sale of Reed Veterinary Surgery to Kin Vet Community
The Cambridge office of Oaklins Evelyn Partners has led the sale of Reed Veterinary Surgery, a high quality and well regarded small animal veterinary practice near Royston, Herts, to the private-equity backed Kin Vet Community.
Silver lining for employees as firms could adopt salary sacrifice pension arrangements to offset cost of Budget’s employer National Insurance hike
The rate will increase from 13.8% to 15.0%, while the earnings threshold at which it kicks in will be slashed from £9,100 to £5,000 from 6 April 2025, raising about £25.5billion a year by the end of the OBR forecast period.
Business owners feel the pain: significant CGT, IHT and employers’ NIC changes confirmed
The Chancellor today announced employers’ national insurance contributions (NIC) will increase by 1.2% to 15% from April 2025 while the earnings threshold at which employers start making contributions was cut to £5,000. Capital gains tax (CGT) rates are increased today from 10% to 18% (lower rate) and 20% to 24% (higher rate). Agricultural Property Relief and Business Property Relief on IHT will be reformed from April 2026 with assets above £1million attracting 50% relief, but with no threshold for AIM shares.
Businesses under pressure as Chancellor hikes employer NICs and minimum wage
The Chancellor confirmed today that from 6 April 2025 employer National Insurance Contributions (NIC) will be increased by 1.2% and the threshold from which employer NIC becomes due has been reduced to £5,000. It was also announced that from the same date the national minimum wage would be increased to £12.21.
The Budget – CGT rise underlines the importance of ISAs
Chancellor Rachel Reeves increased Capital Gains Tax today in her maiden Budget, raising the rate from 10% to 18% for basic rate taxpayers and from 20% to 24% for higher and additional rate taxpayers. With no changes to Individual Savings Accounts made, a world of higher CGT underlines the importance of using tax wrappers like ISAs and Pensions.
Evelyn Partners acquires ReSolve
Evelyn Partners is pleased to announce that it has further strengthened its fast-growing Professional Services arm with the acquisition of ReSolve Advisory, an award winning**, provider of restructuring and business advisory services based in Charing Cross, London.