Northern Ireland / All

The Autumn Statement did not break much ice in promoting and encouraging the business sector. The draft Finance Bill contained

There will be a number of proposals in the Finance Bill covering a range of issues which will impact on

There will be a number of proposals in the Finance Bill covering a range of issues which will impact on Employers and the operation of PAYE.

The current UK Government has committed to confirming the majority of measures for inclusion in the Finance Bill at least

The following information is based on proposals set out by the Chancellor in his Budget of 19 March 2014 but is subject to amendment in the Finance Bill.

The Chancellor has not made any significant announcements in respect of VAT in this year’s budget. However, there are a few important changes for businesses to be aware of.

The Budget was relatively quiet in terms of new measures specific to the Financial Services industry.

The income tax and capital gains tax reliefs that accompany the funding scheme known as Seed Enterprise Incentive Scheme (SEIS), as introduced on 1 April 2012 has been made permanent.

Since the Coalition Government came to power, some significant changes have been made to the UK’s corporation tax regime and the Chancellor referred to this in his speech, also noting that the main rate of UK corporation tax would reduce on 1 April 2014 to 21%, with a further reduction to 20% plan