KEY POINTS
- Government’s tax legislation strategy is in tatters.
- Continual AIA limit changes: what will the transitional provisions be this time?
- Why there will never be a higher-rate relief clawback on pension contributions.
- Employee shareholders to be introduced despite negative consultation.
The late Kenneth Williams was mostly known for his facial expressions and funny voices but he did have a catchphrase devised for him by Galton and Simpson in Hancock’s Half Hour.
At some point in most episodes Williams would complain in a nasal drawl “Stop messing about”.
Looking at the changes to the tax system announced by the chancellor of the exchequer George Osborne in his autumn statement I find myself thinking exactly the same thing.
Let’s start with the fact that he was making tax announcements (and quite...
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