Autumn Statement 2015: Dogs that didn’t bark
Pension contributions: higher rate tax relief on pension contributions remains in place, at least for the time being. The government launched a consultation process on the method of giving relief and is now reviewing responses. We can expect its proposals in the spring 2016 Budget.
Entrepreneur’s Relief: capital gains tax remains at 10% for up to £10m of lifetime capital gains. However, there are changes to ensure that ER is not due in respect of what the government calls “contrived structures.”
Fuel duty: no hikes in fuel duty were announced
Dividends: no further announcements have been made on the proposed increased personal taxes on dividends, but further details are expected next month when the Finance Bill 2016 is published in draft.