The Office of Tax Simplification has published a report, suggesting significant tax reforms, with a focus on inheritance tax and capital gains tax (‘IHT’ and ‘CGT’), lifetime gifting and business property relief (‘BPR’).

In 2014 the Government introduced new tax laws designed to encourage employee ownership of businesses in order to stimulate growth by aligning interests of employees with founders.

Introduction “Things as certain as death and taxes, can be more firmly believ’d” penned English writer Daniel Defoe