What the Brexit means for your money
George Osborne delivered his 8th Budget speech on Wednesday and once again he focused his attention on creating a stronger economy by supporting small business and enterprise. The Government continue to voice their desire to stamp out unfair and deliberate tax avoidance, aiming to raise £12bn through their efforts.
Other than confirmation that legislation will be introduced to restrict tax relief on travel and subsistence for contractors and freelancers working through intermediary companies (umbrella and personal service companies) there was little information within the Autumn Statement. As anticipated this means a further period of uncertainty until the draft legislation is published on 9th December.