Second Finance Bill of 2015 now enacted
The Finance (No. 2) Act 2015 received Royal Assent last month; many of the provisions therein were announced in the 2015 Summer Budget. And the next Budget will be held on Wednesday 16 March 2016.
One clause to watch, which was not part of the Summer Budget announcements, is the 45% corporation tax charge on compound interest, highlighted in a recent edition of Chartered Accountants Tax News. The annual investment allowance limit also fell from £500,000 to £200,000 from 1 January 2016.