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

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

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.

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

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

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?

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 Inheritance Tax altogether in due course.  

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. 

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.