On 25th November 2015, Chancellor George Osbourne presented his Autumn Statement in conjunction with the Spending Review. We’ve compiled a brief summary to explain how this may affect you and your business.
The announcement that will have sent shockwaves through many owner managed businesses and shareholders is the Chancellor’s radical changes to the taxation of dividends.
The National Minimum Wage will be increased across the board. Remember, this pay increase is mandatory for all businesses and anyone entitled to the minimum wage must receive it.