Business tax

Government begins process to reverse ‘staircase tax’

‘Unfair rates hike’ will be removed to benefit businesses.

R&D expenditure credit to increase in new year

RDEC tax relief rises from 11% to 12% on 1 January 2018.

Advisory fuel rates update

New advisory fuel rates for usage of company cars are in place.

Disincorporation relief to end in March 2018

The chancellor decided not to renew the relief in Autumn Budget 2017.

Simplified VAT system outlined

Business group welcomes report as ‘long overdue’.

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