Our Insights into how the recent Autumn Statement may affect entrepreneurs and businesses.

In this edition of our Insights in respect of the recent Autumn Statement, we take a look at how the provisions may affect entrepreneurs and businesses.

Business Tax

Corporation tax rates

The government

How the Annual Statement may impact you in respect of a look at Capital Gains Tax, Inheritance Tax & Tax Efficient Investments.

Our Autumn Statement Summary

In this post about the main provisions of the Chancellor’s most recent Autumn Statement, we take a look at Capital Gains Tax

Summary of the Autumn Statement changes to the National Insurance system as well as the slight changes to state benefits and to the pension regime.

Autumn Statement Summary

As we continue our series of Insights into the implications of the recent Autumn Statement, this week we have summarized the

Insights that focus on the tax measures from the Autumn Statement which may affect you, your family or your business.

Autumn Statement Summary -income tax for private clients measures

It will seem an age ago, but on 22 November 2023, Jeremy Hunt delivered the “Autumn Statement for Growth”. The

There are a variety of options that may be available to help you reduce your Inheritance Tax liability.

These include Agriculture Property and Business Property Relief (where available), lifetime giving and charitable donations.

However, an often-overlooked solution is life assurance to fund

Agricultural Property Relief and Business Property Relief are important exemptions from Inheritance Tax that allow smaller businesses and farming businesses to be passed down to future generations avoiding what can be a significant Inheritance Tax charge. But is now the time to abolish them?

They

Who is paying it, who is not, and will it be abolished?  

There has been pressure within the Conservative party to change or abolish Inheritance Tax for some time, and the question is whether Rishi Sunak will reduce the 40% Inheritance Tax rate in the March 2024 Budget, with a view to abolishing

In this last post in our series about the recent Budget, we take a look at measures introduced to simplify the tax system, proposals for modernizing the system and measures introduced to help with the collection of outstanding taxes. 

Simplification measures for small businesses

The government

In this post about the recent Budget, we take a look at how it may affect entrepreneurs and businesses when it comes to calculating VAT and late payments, as well as the ongoing saga of the Making Tax Digital (MTD) scheme.

Value Added Tax (VAT)

VAT registration and deregistration