Due to the election there were two Budgets in 2015, as well as
an Autumn Statement resulting in significant changes to the UK
tax landscape. In particular, we have seen a much more targeted
approach to tackling tax avoidance.
The result is a raft of legislation in the form of two Finance Acts in 2015 and a further Finance Bill published in December 2015. There are a number of consultation documents which will produce further legislation in 2016. Also on the horizon is the Chancellor’s 2016 Budget on 16 March 2016.
In this briefing, we set out tax planning tips which all taxpayers should consider as the tax year end approaches. We then provide more detailed commentary on some of the more significant changes this year.
If you have any queries, please feel free to contact your usual Blick Rothenberg adviser or any of our partners.