CGT anti-forestalling rules
The changes to capital gains tax (CGT) announced in the Autumn Budget are subject to anti-forestalling rules designed to prevent taxpayers from circumventing the new rates and rules. In the Autumn Budget the Chancellor announced an immediate increase to the main rates...
Pensions to lose IHT exemption
At the Autumn Budget the Chancellor announced plans to remove the exemption which allows unused pension funds to be inherited tax free. Currently, if a pension holder dies before the age of 75 their beneficiaries can generally inherit the remaining funds tax-free,...
Top expert reveals how to curb the National Insurance rise
A major hike in National Insurance (NI) contributions for employers is looming and now is the time for all businesses to consider ways of softening the blow. That is the view of Ian Parker, Director of chartered accountants and business advisors Whitley Stimpson,...
Whitley Stimpson unpacks payroll shifts following the budget
Payroll expert at accountants and business advisers Whitley Stimpson provides an update following the budget outlining the changes to employers’ costs relating to national insurance and the increase in the national living wage. In a significant move, the government...
Autumn Budget 2024 – Business Changes
Learn about the key business changes from the Autumn Budget 2024, including tax reforms, support for small businesses, and new initiatives aimed at driving growth and investment.