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Healey Unveils New 10% Tax Rate for Entrepreneurs

Source: Bloomberg

Tax & TariffsFiscal Policy & BudgetElections & Domestic Politics

UK Chancellor John Healey announced a lower capital gains tax rate for start-up founders while increasing the amount paid by owners of established businesses who cash out. The article provides no rates, thresholds, or effective dates, so the scale of the tax changes is unspecified.

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