Government Announcements

Spotlight - Government Announcements

Lifetime ISA exit charge scrapped

There will be no 5% exit charge on the Lifetime ISA for the first 12 months the product is available.

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EU Commission proposes new VAT rules

A number of measures have been proposed by the European Commission to improve VAT for e-commerce businesses in the EU.

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Brexit round-up: residency application backlog at Home Office

Here’s a round-up on the top Brexit-related stories this week.

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Advisory fuel rates change

Advisory fuel rates for company cars were updated on 1 December 2016.

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Mortgage guarantee scheme closing

The Help to Buy Mortgage Guarantee scheme will close on 31 December 2016.

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Money purchase annual allowance reduced by 60%

The money purchase annual allowance will be reduced from £10,000 to £4,000 in April 2017.

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Brexit round-up: OBR expects slow growth over the next 2 years

Here’s a round-up on the top Brexit-related stories this week.

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Tax advantages of salary sacrifice schemes scrapped

Employer national insurance and tax advantages of salary sacrifice schemes will be scrapped from April 2017.

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Autumn Statement 2016: Reaction

Here is a round-up of immediate reactions from some of the UK’s leading industry groups.

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Autumn Statement 2016: Business announcements

Here is a summary of the main announcements relating to business.

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