It has been a good year for most nursery owners as the increased funding has driven new registrations. The impact of the higher funding rates will mean many nurseries will see their highest turnover on their accounts.
Now the academic year is well under way and the nine-month-old funding is in place, it is the time to look towards the changes that may come in the next calendar year. A number of things are expected to be announced in the Autumn Budget.
The most commonly talked about policy is the likely change to Capital Gains Tax. This has already had an impact across all sectors, as sellers try to get ahead of the changes by completing transactions before April. This has left buyers in a strong position as they leverage lower offers against the expected tax loss for sellers, allowing them to secure much better deals as a trade-off for quick disposal. There is a gamble here though as the changes could take immediate effect.
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