Entity Setup

Entity Setup: Choosing the Right Structure After Budget 2025 Reforms

Budget 2025 introduced significant changes in Business Rates, Corporation Tax allowances and entity reliefs; selecting the ideal entity type is now more strategic.

By NomadicTax Research Team • 5-8 min read • April 15, 2026

## What Changed in Budget 2025 That Affects Entities The Spring Budget 2025 brought forward multiple reforms that influence how you structure a business: - **Writing-down allowances** for main rate assets will drop by **4 percentage points to 14%** from April 2026. However, a new **first-year allowance of 40%** for main rate assets will begin from **1 January 2026**, excluding cars, second-hand assets, and overseas leasing assets.([gov.uk](https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html?utm_source=openai)) - **Remote Gaming Duty** increases sharply from 21% to 40% starting April 2026. Bingo Duty is abolished.([gov.uk](https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html?utm_source=openai)) - Business rates for retail, hospitality and leisure (RHL) properties are permanently lowered multipliers, benefiting smaller RHL properties, but higher rates apply to very high-value properties.([gov.uk](https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html?utm_source=openai)) ## Entity Types to Consider Under the New Regime Here are how different structures compare under new Budget policies: | Entity Type | Advantages under Budget 2025 | Possible Drawbacks | |-------------|-------------------------------|----------------------| | Sole Trader / LLP | Simpler admin; MTD applies cleanly if under thresholds | Less limited liability; allowances & deductions less generous for large capital investment | | Limited Company | Better positioned for capital investment using allowances; corporate rate stable; possible reliefs for differentiating income/expenses | More complex filings; remote gaming/commercial property exposure; dividends tax has changed | | Trusts / Employee Ownership Trusts | Certain reliefs still apply, but **CGT relief available on qualifying disposals to Employee Ownership Trusts** falls from 100% to 50% for disposals after 26 Nov 2025.([gov.uk](https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html?utm_source=openai)) | ## Example Scenario Suppose “TechStudio Ltd” plans to invest heavily (£200,000) this year in equipment for its studio. Under the main rate writing-down allowance, only 14% annually may be deducted once in use (post-April 2026). However, the first-year 40% allowance (available from 1 Jan 2026) lets TechStudio deduct a large chunk sooner. That favors a company structure that holds the assets directly. Conversely, “Vintage Rentals”, a small business running listed equipment, may find business rates relief on their retail premises helpful, especially if property rateable value is under £500,000. Higher value properties will face extra rates.([gov.uk](https://www.gov.uk/government/publications/budget-2025-document/budget-2025-html?utm_source=openai)) ## Practical Tips for Structuring wisely - Use limited company status for high-capital-expenditure ventures to get full effect of first-year allowances. - Where founders are building businesses expected to scale, factor in the reduced CGT relief for Employee Ownership Trusts when planning exit events. - If operating in remote gaming, check whether your structure (company vs sole trader etc.) affects duty liabilities; rule changes favor duty‐registered entities. - Real-estate heavy entities should monitor business rates reforms, especially rateable value thresholds for reliefs. ## Conclusion Budget 2025 shifts things: capital allowance changes, tax on gaming, relief reductions. Choosing structure isn’t “one-size-fits-all”—entity setup now must align with your assets, income type, and growth expectations. Smart planning now reduces leaks later.