Autumn Statement

Employee shareholder status abolished following ‘abuse’

The only genuinely unexpected measure in yesterday’s Autumn Statement is the ending of favourable tax treatment of employee shareholders, a policy introduced in 2013. Employee shareholder status was originally intended as a way of allowing small companies to grow rapidly…
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Autumn Statement Predictions

On Wednesday 23 November, Chancellor Philip Hammond will deliver the 2016 Autumn Statement, setting out the fiscal agenda for next year. Some of the topics can be guessed from HM Revenue & Customs’ extensive list or recent consultations. These may…
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The Autumn Statement: Tax Incentives

The government will publish its Autumn Statement on 23 November 2016. UK corporation tax rates are unlikely to decline to the 15% level proposed by George Osborne but, whatever one’s views on the recent referendum, Brexit may mean that the…
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The Autumn Statement: Tax Rates

Recent debates about fairness in the UK tax system have tended to centre on tax rates as they have traditionally done. It makes for good political headlines whether one is increasing or decreasing tax rates and headline rates translate easily…
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The Autumn Statement: Tax & National Insurance

The government will publish its Autumn Statement on 23 November 2016. This week’s blog will see four posts on what someone might expect to see over the next four or five years by way of reforming our overly complex tax…
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The Autumn Statement: Taxing Income & Capital

The government will publish its Autumn Statement on 23 November 2016. This week’s blog will see four posts on what someone might expect to see over the next four or five years by way of reforming our overly complex tax…
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AUTUMN STATEMENT 2015: Stamp Duty Land Tax Changes

SDLT: additional properties Higher rates of SDLT will be charged on purchases of additional residential properties (above £40,000), such as buy to let properties and second homes, from 1 April 2016. The higher rates will be 3 percentage points above the current SDLT rates….
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AUTUMN STATEMENT 2015: Capital Gains Tax Changes

From April 2019, a payment on account of any capital gains tax due on the disposal of residential property will be required to be made within 30 days of the completion of the disposal. This will not affect gains on properties which…
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