From April 2025, a series of UK budget changes will come into effect, significantly impacting small and medium-sized enterprises (SMEs). These changes include increases in National Insurance Contributions, reductions in Business Rate Relief, a rise in the National Living Wage, adjustments to Business Asset Disposal Relief, and modifications to Inheritance Tax.
This guide provides a clear breakdown of the key budget changes, their potential impact on SMEs, and practical steps to help businesses navigate them effectively. In the final section, we outline the next steps you can take including how CH4B and our Expert Partners can support you in managing these changes while keeping your business resilient and profitable.
At the end of the guide, you’ll find a useful checklist to ensure that you have assessed the most critical areas of your business.
