Can the Budget turn the economy around?

In this episode of our Private Wealth Matters Podcast, Ingrid McCleave is joined by Jade Swanston (Chief Revenue Officer at Advanta Wealth), Danielle Ford (Head of Tax Disputes & Resolutions at HaysMac), and Graeme Privett (Private Client Tax Partner at HaysMac).

The conversation takes somewhat of a bird’s eye view, discussing the panel’s overall thoughts on Rachel Reeves’ 2025 Budget, how it has affected (and will affect) businesses versus individuals and what it actually means for people.

Will this Budget bring stability or pave the way for more potential tax rises next year?

During this episode, the panel touches on a number of topics, such as:

• Was this a growth Budget for entrepreneurs and business?
• Who were the winners and losers?
• Fiscal drag
• The new ‘mansion tax’
• Inheritance tax –concessions related to agricultural property relief and business property relief
• Pensions – salary sacrifice changes
• Tax considerations in relation to business incorporation
• Dividend allowance limits
• Venture Capital Trusts
• The middle class hit harder than most?
• Landlords
• Starting rate savings limit changes
• Self Assessment changes
• The Loan Charge

Now the dust has settled slightly following the announcements, the discussion in this episode cuts through the ‘noise’ and drills down into some of the major areas affecting business and individuals; giving listeners some key takeaways to consider.