UK Entrepreneurs Unite: 1,000+ Signatures in Just 24 Hours to Stop the Proposed Entrepreneurs’ Relief Tax Hike.

UK entrepreneurship is under threat. Yesterday, we launched a campaign to push back against the government’s intention to drastically reduce Entrepreneurs’ Relief (now Business Asset Disposal Relief). The response has been overwhelming — in just 24 hours, over 1,000 entrepreneurs have added their signatures in opposition to this damaging proposal.

The government’s plan to hike taxes on entrepreneurial gains threatens to undermine one of the few policies that recognises the immense personal and financial risks that business owners take.

Entrepreneurs’ Relief isn’t just a tax perk — it was designed to reward those who build businesses, create jobs, and drive economic growth.

To treat the equity we build in our companies as no different from a profit on a stock market investment is to fundamentally misunderstand what entrepreneurship is all about.

Entrepreneurs are the lifeblood of the UK economy. We take the risks that most won’t. We pour our time, energy, and resources into building businesses that create jobs and fuel economic growth. And often, it’s years of sacrifice before we see any financial reward. Yet, with this proposed tax hike, the government is sending a clear message: the value of entrepreneurship is being disregarded.

The fact is, 95% of businesses fail in their first five years.

For those who do succeed, Entrepreneurs’ Relief provided a rare recognition of the scale of risk involved in growing a business. By scaling it back, the UK risks losing its competitive edge. Entrepreneurs could take their talents and ideas to more favourable tax environments, taking with them jobs, innovation, and economic growth.

We fully support funding essential public services like the NHS, but not at the expense of destroying the very ecosystem that drives growth. Taxing entrepreneurial gains at the same rate as income from passive investments is short-sighted and harmful. It will discourage risk-takers, innovators, and investors — the very people who fuel the economy.

More and more entrepreneurs across the UK are using their voice and joining every hour. We will be sending our letter to Prime Minister and Rt. Hon. Rachel Reeves soon, urging them to reconsider this damaging plan, as well as reinstate the relief at its previous level of £10 million.

This is not just about taxes; it’s about the future of entrepreneurship in the UK. If this tax hike goes ahead, it will be difficult to reverse. The opportunity to protect the entrepreneurial spirit in this country is now.

If you haven’t yet signed the letter, now is the time to act. Once these changes are made, we may lose this vital support for good. Let’s fight for the future of UK business and the next generation of entrepreneurs.

We need to keep up the pressure. Join us and make your voice heard.

Please take a moment to add your information to the google form link below which will be your confirmation of your signature for the final letter 👇

https://forms.gle/84QJT4VzaeAvZCxw7