Latest News
April 2008National Minimum Wage Increases The National Minimum Wage will rise to £5.73 (£5.52) an hour in October 2008.
Entrepreneurs' Relief Draft Legislation In the Pre-Budget Report last October Chancellor Alistair Darling announced a series of changes to the capital gains tax (CGT) regime for individuals and trustees. These changes included the abolition of taper relief and indexation relief and the introduction of a single rate of CGT of 18%. The changes take effect from 6 April 2008.
Update on Residence and Domicile The government will implement a package of reforms announced in the 2007 Pre-Budget Report subject to certain changes. The measures will take effect from 6 April 2008.
‘Income Shifting’ Legislation Delayed The introduction of the proposed legislation on ‘income shifting’ has been delayed until April 2009. |
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