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Welcome to Business Bitesize, Wright Vigar’s bi-monthly newsletter providing food for thought on general business matters. To download Business Bitesize ‘Profitable Goals’ click here Find [...]

In today’s budget, legislation is promised from April 2016 which will allow people who are already receiving income from an annuity to assign that income to a third party in return for a lump sum.

The Chancellor announced a new personal savings allowance which will be introduced from 6/4/16.

There was some concern as the budget approached that the Chancellor might raise capital gains tax rates for individuals, or chip away at the Entrepreneur’s Relief (ER).

The announcement on BBC radio this morning that tax returns were being abolished caused some speculation in the office, and the Chancellor’s speech did little to clear up the mystery.

The latest edition of our tax tips newsletter is now available.