Enterprise Explores CGT, Stamp Duty & RPGT: A Guide to Finance Bill 2025
With Budget 2026 announced, the Finance Bill 2025 tabulated in Parliament last week has revealed key details. From clarifications on Capital Gains Tax (CGT) to a major shift in stamp duty compliance, businesses have a new set of rules to navigate.
Tax expert Thenesh Kannaa of TraTax joins us to break down some key updates. He discusses the new and clarified scope for CGT (including preference shares), the move to a self-assessment system for stamp duty and updates around returns and payments, and the upcoming changes to corporate tax installment schedules that will impact cash flow planning.
We discuss:
Capital Gains Tax (CGT): How preference shares and liquidations are now in scope.
Stamp Duty: The implications from the shift to self-assessment and the deadlines for filling returns and payment of duty.
RPGT: New rules to improve cash flow and limit loss carry-forwards.
Corporate Tax: The transition to a 12-month installment schedule within the financial year.
November Updates: OECD guidance on remote work and new Labuan substance requirements.
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