As dust settles from Autumn Budget, how will UK markets fare?
Commentators analyse the effect of AIM stock tax and raising gilt yields on UK markets
Commentators analyse the effect of AIM stock tax and raising gilt yields on UK markets
The Monetary Policy Committee voted 8-1 in favour of a 25 basis-point cut to 4.75%
The ‘nil rate band’ has been frozen at £325,000 since 2009
‘Massive’ impact on some families
Most notable early impact so far has been felt in the AIM market
Reeves also announced a new 20% IHT rate on AIM-traded shares
London’s alternative investment market now only sees a 50% relief from IHT applied to its constituents
Fears the the tax-free rate would be slashed did not materialise
Higher rate of CGT has increased to 24%, while lower rate has risen to 18%
Will tick up to 2.6% in 2025, but fall to 2% by 2029
The company has published some recommended ‘pension tax principles’
Investments arm saw £1.5bn net inflows in the year to 30 September