"BADR has now increased by 80 per cent over the past decade and by a further 28 per cent in this latest change alone, this is not a one-off adjustment, it's an ever-increasing tax on entrepreneurial success."
"SMEs represent 99.9 per cent of all UK businesses. They are the backbone of this economy and the starting point of every large company. The risks of starting and growing a business keep rising while the rewards keep shrinking."
The Business Asset Disposal Relief (BADR) has increased from 14% to 18% on the first £1m of qualifying gains, marking an 80% rise over the past decade. This change is part of a broader trend of increasing taxes on small and medium-sized enterprises (SMEs), which represent 99.9% of UK businesses. The cumulative effect of rising taxes, including employer National Insurance and minimum wage increases, is making it increasingly difficult for business owners to succeed and thrive.
Read at Business Matters
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