Will your clients face higher Capital Gains Tax (CGT) Rates

in the November Budget?

The budget is set for 26 November. While we do not know what the Chancellor will announce, tax increases are pretty certain and there is speculation that she will announce further changes to CGT, perhaps from midnight the day before.

There were modest changes to CGT last   Autumn, but we must allow for the possibility that this Autumn she will amend   the rules and /or the rates of CGT again.

If you have clients looking to extract value from their limited companies, now is the time to consider a solvent liquidation. You may already be considering it because the rate applicable to Business Asset Disposal Relief (BADR) is due to increase in April 2026 but with the Budget in November 2025 it is probably a good idea to bring that conversation forward.

If you have clients who want a solvent liquidation in place, and their distributions made, before the budget in order to avoid any potential CGT increase, then now is the time to begin the process.

We have a specialist team ready to assist you and your client. So if you or your clients would like to discuss matters please get in touch with Kevin Goldfarb or Joanne Wilson by email on kevin.goldfarb@griffins.net or joanne.wilson@griffins.net