Budget: Broking M&A could be affected by changes to Entrepreneurs’ Relief

budget-briefcase

What might the Budget have in store for brokers? Close Brothers’ Paul Trail considers the possibilities.

There are three key areas where the Budget could hit brokers when it is delivered by Chancellor Rishi Sunak tomorrow.

These are the areas I will be keeping an eye on:

Brokers could be challenged by changes to capital gains tax Reform of Entrepreneur’s Relief could spur new wave of broking M&A Commercial broking holds up during pandemic thanks to government policy

Any changes to business assets disposal relief (entrepreneurs tax relief) in the March Budget will accelerate the number of

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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