The Autumn Statement delivered yesterday certainly provided a great deal of excitement given the Government’s major U-turns on both welfare Tax Credit cuts and police budget cuts.
However behind these two monumental decisions there were no wide ranging changes that will have an immediate effect on our client base of individuals and business owners.
The biggest bit of news elsewhere was the 3% surcharge on stamp duty of buy-to-let properties and second home owners, and budgets protected in the areas of policing, health, international aid and defence, along with Government borrowing coming in £8 billion less than forecast.
To download a copy of our 2015 Autumn Statement Report please click here.
This does not soften the blow of the changes announced in the Summer Budget on dividends, non-doms, and pensions to name just a few areas – and the need to plan ahead to minimise these changes.
Please contact us to find out more about the changes and their effects on you and / or your business.