News

Venture capital schemes were given a boost in today's Autumn Statement as Chancellor George Osborne announced he would make it easier for companies to access tax-advantaged schemes.

The amount of profit in UK banks that can be offset by losses carried forward will be limited to 50%, and relief on bad debts will be delayed, the Chancellor has announced.

Renewable energy companies will no longer be able to give investors relief under venture capital scheme rules, George Osborne has announced in today's Autumn Statement.

The Chancellor will raise the personal allowance threshold to £10,600 in the next year, £100 more than the initially planned £10,500.

The government is to crack down on investment managers "disguising guaranteed fee income as capital gains", as part of anti tax avoidance measures outlined in the Autumn Statement.

George Osborne has announced a 25% levy on profits made in the UK by multi-national companies but diverted elsewhere.

The government is to scrap the existing 'single slab' approach to stamp duty on residential property purchases, introducing a new tiered charge from 4 December.

Chancellor George Osborne announced today that ISAs will retain their tax-free status when transferred after death.

Small businesses have had the relief on their annual business rates doubled for the next year.

The Office for Budget Responsibility has revised up government borrowing forecasts for 2014 and 2015 - but figures for the following years are lower than previously estimated, according to Chancellor George Osborne.