Business · 16 hours ago

Chancellor Healey announces new tax breaks for UK startups.

Graphic: BriefTea

Chancellor John Healey's Budget additionally introduces a Capital Gains Tax reduction, named Founders' Relief, which benefits founders and significant early investors in UK start-ups. Healey said the allowance is meant to help young founders turn ideas into businesses, and he wants successful ones to stay in Britain. He additionally increased the tax-free trading allowance, raising it from £1,000 to £3,000.

By BriefTea Editorial · 28 October 2026 at 16:10

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