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Roger Eddowes

Essendon Accounts & Tax

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Budget tax changes: What could they mean for businesses and investors?

Roger Eddowes

CREATED BY ROGER EDDOWES

Published: 15/10/2026 @ 09:00AM

#Budget2026 #TaxChanges #EconomicGrowth #PublicFinances #ChancellorBudget

As the next budget approaches, speculation about tax changes is gaining momentum. The Chancellor faces a difficult balancing act: managing public finances, encouraging economic growth, and avoiding further pressure on businesses and households ...

Budget tax changes could affect business costs and investor returns, so it is wise to review your plans early

Budget tax changes could affect business costs and investor returns, so it is wise to review your plans early"

Government spending continues to put considerable pressure on public finances, while servicing national debt limits the Treasury's room to manoeuvre. Raising additional revenue might help balance the books, but higher taxes could also discourage the investment and enterprise needed to stimulate growth.

One area attracting particular attention
is Capital Gains Tax!

Debate continues over whether gains from investments and asset disposals should be taxed at rates closer to those applied to employment income. Supporters argue this would create a fairer system, while critics warn that higher rates could discourage investment and encourage individuals to move their wealth elsewhere.

For business owners, this matters especially when considering a company sale, asset disposal, or long-term retirement planning. CGT changes could affect the timing and financial outcomes of key decisions. However, making significant financial moves based purely on speculation is rarely advisable.

The wider question of economic
confidence also matters!

Businesses need stability and predictability to make investment decisions, recruit employees and plan for growth. Constant uncertainty around taxation can be almost as challenging as the changes themselves, especially for smaller businesses with tighter margins.

Of course, increasing taxes is not the government's only option. Improving public spending efficiency, encouraging economic activity, and supporting regional development could all help strengthen public finances. The challenge is delivering meaningful results without adding economic pressure.

My advice is to concentrate on
what you can control!

Review your current tax position, understand how proposed changes might affect your circumstances and ensure your financial plans retain some flexibility. Reacting prematurely to rumours offers little benefit, but being prepared is always sensible.

Ultimately, whatever tax changes the Chancellor announces at the budget, good financial planning remains essential. Businesses and investors who understand their position and seek professional advice when necessary will be better placed to respond confidently.

And you won't need to react hastily when the announcements arrive.

Until next time ...


ROGER EDDOWES
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If anything I've written in my blog post resonates with you and you'd like to discover more of my thoughts about potential budget tax changes, then do call me on 01908 774320 and let's see how I can help you.

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#Budget2026 #TaxChanges #EconomicGrowth #PublicFinances #ChancellorBudget

About Roger Eddowes ...

Roger Eddowes 

Roger trained at Edward Thomas Peirson & Sons in Market Harborough before working at Hartwell & Co, followed by Chancery, as a partner. He started Essendon Accounts and Tax with Helen Beaumont in 2014 as a general practitioner with a hands-on approach.

Roger loves getting his hands dirty, working with emerging, small-to-medium and family businesses to ensure they receive the best possible accountancy advice. Roger utilises an extensive network of business contacts to leverage the best guidance and practical solutions.

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