Autumn Statement 2015 – future measures

Future Measures…… Moving forward to the Budget 2016 and the various consultations in place here are some of the items we expect to see: Salary Sacrifice – Further consultation is being sought to assess what action can be taken to combat the rise in use of these arrangements. Pension Tax Relief – We expect to see further restrictions on pension … Read More

Autumn Statement 2015 – corporate & property taxes

Buy to Let Properties / Second Homes Further to the interest restriction to be phased in from April 2017, the Chancellor announced further measures today to hit this sector: Capital gains tax due on residential properties is currently paid in the January following the end of the tax year via the self- assessment tax return. New measures announced today will … Read More

Autumn Statement 2015 – What was missing?

What was missing? ‘Middle class tax perks’ as they were being dubbed in the press– salary sacrifice etc – the government is currently considering the position R&D tax credits/reliefs – following high-profile speeches made at GCHQ and Imperial College London, some quarters were hoping for announcements made to R&D but this was not to be; instead extra spending on national … Read More