Business News
Autumn Budget 2017: Business
Business Rates
Increases to business rates will switch from the RPI measure of inflation to CPI from April 2018. This is 2 years earlier than planned.
Revaluation of business rates will take place every 3 years after the next revaluation.
VAT
The VAT threshold will remain at £85,000 for the next 2 years.
Online marketplaces and sellers will be jointly liable for VAT.
Research And Development
Research and development tax credit will increase to 12% from April 2018.
Corporation Tax
The indexation allowance for capital gains tax will frozen. Companies will be able to get relief for inflation until January 2018.
EIS
Investment limits for knowledge-intensive companies will be doubled.