George Osborne announced this morning that a new strict liability criminal offence will be introduced for those holding undisclosed offshore accounts.
The Budget report includes announcements that both the Liechtenstein Disclosure Facility (the “LDF”) and the Crown Dependencies Disclosure Facilities will be closing at the end of 2015 “in advance of a new disclosure facility”.
Although today’s budget steps up the threshold for the higher rate tax band to £43,300 for 2017/18, it is almost certain that there will be more higher rate tax payers in 2018 than in 2010.
The Chancellor’s Budget statement provided no real additional stimulus for the automotive sector apart from an announced £100m investment in driverless technology, coupled with a slower than expected rise in benefit in kind charges for electric vehicles.
Farmers will welcome the Chancellor’s announcement today that the ‘farmers averaging’ tax rules, designed to limit excessive fluctuations in farmers’ tax bills can now be applied over five years rather than over just two consecutive years.
Trading in AIM companies has increased by nearly 50% in the last year, to reach its highest level since 2007, before the financial crisis, according to our research.
The number of people falling into the Higher and Additional rate tax bands will have increased by 32% over the last five years from 3.26 million in 2010-11 to 4.79 million in 2014-15.
Vantage Motor Group has completed the acquisition of David Ian ŠKODA in Morecambe – its first ŠKODA dealership. The deal was brokered by members of our national automotive team in Manchester.
Our latest research shows that the number of new breweries set up in London has nearly doubled since 2012 as sector shows no signs of slowing.
Schools could soon face a leadership recruitment crisis, with over a quarter (26%) of Academies seeing their heads depart in the last academic year.