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Capital Gains Tax
The rate of Capital Gains Tax is reduced from 33% to 31% for disposals on or after 7 October 2026. The 33% rate remains in place for disposals of “development land”.
The Capital Gains Tax Relief for Investment in Innovative Enterprises, also known as Angel Investor Relief, is targeted at encouraging business angel investment in innovative start-ups. The relief operates in compliance with the EU regulations (GBER). A new GBER is expected to be adopted by the end of 2026 with entry into force scheduled for 1 January 2027. Subject to the adoption of the new GBER, it is intended to extend the relief in its current format.
Capital Acquisitions Tax
The rate of Capital Acquisitions Tax remains unchanged at 33%.
The Group CAT Thresholds were increased :