Buzzacott news and insights provide updates on key changes and in-depth information in our areas of specialism.
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The long awaited Small Business, Enterprise and Employment Act (SBEE Act) gained Royal Assent in March 2015. The new legislation, a legacy of the former coalition government, is designed to reduce the bureaucracy and assist small businesses in the UK as they seek to innovate, grow and compete.
Read Buzzacott's full 2015 Autumn Statement update to see how the changes might affect you.
In an effort to make tax easier, everyone will soon have a digital tax account.
The taxation of share schemes may be simplified while those who receive performance rewards that are currently treated as capital gains, may find that they are taxed as income from April 2016.
The Government has introduced a strict liability criminal offence along with a host of other penalties and non-compliance measures.
Two useful confirmations, one to ensure pension pots remain outside the Inheritance Tax (IHT) net and the other to confirm that deeds of variation can continue to be used.
General funding for schools will be protected in line with inflation.
The Chancellor has announced in the Autumn Statement and Spending Review 2015 that the previously planned £4.4bn tax credit cuts will no longer go ahead.
The Autumn Statement announced cash-term protection plans for the current per-student national base rate for 16-19 year olds in sixth form schools/colleges and further education colleges in England.