Go @Dom_Hallas Go! Super stuff in here.
The UK budget is in. Here's everything you need to know:View quoted post on X
🇬🇧 No exit tax or increase in capital gains
🇬🇧 Brand new "founder’s relief” - 10% tax up to £10m lifetime gains and BADR thresholds cut by half
🇬🇧 The non-compete ban we already knew about, but slightly more fleshed out
🇬🇧 The additional AI money, which we already knew about, but in more detail
🇬🇧 Some very important changes to visas to attract better talent to the UK
🇬🇧 £5bn for BBB including more money to back female founders
🇬🇧 "Young Entrepreneurs Allowance" which covers living costs for young entrepreneur
I have probably missed some bits but overall this is a lot more pro-tech and pro-entrepreneur than I think people were expecting.
Great stuff from @adepledge, @Dom_Hallas and all those working tirelessly behind the scenes to advocate for a strong entrepreneurial economy here in the UK.
LETS GO
