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On The Board
Autumn Statement 2011
The Chancellor delivered his Autumn statement last Wednesday, this gave an idea of the tax changes we may expect next year. Key tax saving opportunities include:
50% income tax relief for anyone who has up to £100,000 to invest in a new business start up under a new Seed Enterprise Investment Scheme;
100% capital allowances for businesses in certain Enterprise Zones; and
Reduction in the rate of corporation tax from 26% to 25% but no further reductions announced.
Revell Ward Tip:
Our website www.revellward.co.uk will give further details on these and any other tax savings opportunities as they become available.
