Chancellor George Osborne made a number of significant announcements in this year’s Autumn Statement, including a 2% cap on business rates increases, and a £1,000 business rates rebate for those businesses with rateable properties valued at up to £50,000. In addition, he announced the future abolition of employer national insurance contributions for those aged under 21.
The Chancellor also confirmed plans for a transferable tax allowance for married couples and civil partners, and an acceleration of the planned increase in the state pension age.
Our guide offers a summary of the key business, tax and financial measures which could affect you and your business.
For tailored advice on any topics that arise from the recent legislative announcements in the Autumn Statement, and how they may impact you please give call us on 0161 837 6207.