In his Autumn Statement 2016 the chancellor announced the following measures relating to non-domiciled individuals and offshore structures:
SME Tax News
In his Autumn Statement 2016 the chancellor confirmed that the treatment of Personal Service Companies (PSCs) working in the public sector will change from April 2017.
Following the Autumn Statement 2016, HMRC have opened a consultation ‘Reducing the money purchase annual allowance’.
In his Autumn Statement 2016 the chancellor announced a new 100% first year allowance (FYA) for electric vehicle charging points from 23 November 2016.
In his Autumn Statement 2016 the chancellor announced the removal of tax reliefs for individuals entering into Employee Shareholder Status (ESS) agreements on or after 1 December 2016.
The Headlines and Highlights of the 2016 Autumn Statement.
Highlights of the chancellor's Autumn Statement - live feed.
In Mr & Mrs Carrasco v HMRC [2016] TC05460 the First Tier Tribunal (FTT) set aside a penalty for careless inaccuracy: the taxpayer relied on incorrect professional advice in making a Private Residence Relief claim.