Following the Autumn Budget, Matt Katz, Partner and Head of Corporate Finance, has been sharing his perspective on what the announcements could mean for founders, business owners and those considering an exit.

A key focus has been the introduction of Founders’ Relief, which offers a headline 10% Capital Gains Tax rate on qualifying gains of up to £10 million. However, Matt has highlighted that the proposed eligibility criteria are extensive, meaning the relief is likely to apply to a relatively narrow group of founders.

His analysis has featured across several national and specialist publications:

• Forbes, where Matt discussed the potentially significant benefit of Founders’ Relief, while cautioning that relatively few founders may meet the qualifying conditions

• PitchBook, where he considered the implications for founders, management teams and other shareholders, and the importance of looking at tax treatment on a shareholder-by-shareholder basis when planning an exit

• SME Magazine, where Matt explored both Founders’ Relief and the reduction in Business Asset Disposal Relief, including what the changes could mean for business owners contemplating a transaction

• Business Sale Report, where his comments focused on how the detailed qualification criteria could limit the number of founders able to benefit from the new relief.