We recently ran a survey on the proposed changes to Capital Gains Tax, gathering data to allow a more informed approach to the discussion of these proposals, and their potential effects on the UK entrepreneurial ecosystem.
We’ve now published the full results from this survey in a free report. Alongside them, we provide our thoughts on a potential solution to protect this vital part of the economy.
Given that UK startups and scaleups collectively employ over 3.5m people, across 40k companies, the impact of these changes on the UK’s small businesses would be catastrophic. Combined with the effects of Brexit, the UK would risk losing its crown as the startup capital of Europe.
In this free report on how CGT reforms would affect startups and economic growth in the UK, you’ll uncover:
- Issues with proposals from the Office of Tax Simplification (OTS)
- The financial ramifications for entrepreneurs vs their employees
- How the proposed Capital Gains Tax changes will impact UK startups in both the short and long term
- The proportion of founders who would consider moving operations abroad
- The proportion of jobs that would be under threat and proportion of investors who would invest less in UK businesses
- PLUS our recommendations on how Capital Gains Tax and Business Asset Disposal Relief should be reformed