Crisis response or road to recovery?
The Chancellor delivered his UK Budget on 16 March 2016. Many of the measures are geared to the taxation of individuals, including those with a sweet tooth (with a new sugar levy being introduced). We concentrate on those changes which will directly affect our corporate and business clients:
Overall, businesses will have a mixed reaction, depending on their sector. We await the detail; the Finance Bill is due to be published on 24 March.
The Corporate Insolvency and Governance Act 2020 (CIGA) of the United Kingdom received the Royal Assent on June 26 and is now in force.