Founder’s Relief: Too Good to Be True? Budget Special Explains the Catch #144

We recorded this an hour after the Budget landed cutting through the headlines to what actually affects owners of seven figure businesses: tax on exits, property income, business rates, payroll costs and the much-hyped Founders Relief. If you run a business and want the plain-English version, this is for you. Key topics covered: - Business Asset Disposal Relief: the lifetime limit halved from £1 million to £500,000, and what it really costs you - Why Founders Relief sounds generous but only suits a tiny group of businesses - Business rates: who gets relief, and why the freeze is not what it sounds like - Higher income tax rates on property and savings income, and what it means for landlords - The small print nobody mentioned: mandatory direct debits for VAT and PAYE, payrolling of benefits from April 2027, e-invoicing, and HMRC’s new powers - The profit extraction consultation and what to watch if you ever plan to buy out a shareholder ⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together! ⭐ Take the Finance Fitness Scorecard https://www.profitcashgrowth.com/finance-fitness-score ⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe ⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book   VALUABLE RESOURCES Website LinkedIn YouTube Facebook ABOUT THE HOST: Claire Hancott through Profit Cash Growth helps 7 & 8 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers. As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business. Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions.    \*The content of this podcast is for entertainment purposes only and does not constitute professional advice.