2016 Changes to UK Taxation
Thursday, March 10th, 2016
The United Kingdom has been quietly undergoing a tax revolution for the past few years.
Few days ago, Chancellor George Osborne introduced, ‘The budget for the next generation.
According the BBC, starting April 2017, 600,000 small firms will not have top pay corporate taxes, and 250,000 will pay lower taxes.
Jacob Stein works with many clients on their international tax planning needs, including clients with businesses or investments in the U.K. If you are concerned that these changes may affect you, please contact us at 818-933-3838.