During the 2015 Autumn Statement, it was announced by George Osborne that the government is introducing a penalty fee of 60 per cent of tax due for General Anti-Abuse Rule (GAAR) as part of the Spending Review.
If you don't have the time or patience to trawl through the full Autumn Statement and Spending Review document, Real Business has summarised all of chancellor George Osborne's salient points for your reading pleasure.
Chancellor George Osborne's Autumn Statement will see the Department for Business, Innovation & Skills' (BIS) budget cut by 17 per cent.
The chief executive of Rolls-Royce is one of many business people concerned about the introduction of R&D loans, outlined in George Osborne's Autumn Statement and Spending Review.
Chancellor George Osborne’s Emergency Budget contained little concrete detail about the funding prospects for the nation's science sector, but the 2015 Autumn Statement and Spending Review has confirmed an increase in investment in catapult centres.
George Osborne revealed during the Autumn Statement 2015 that he will enforce an apprenticeship levy by April 2017 as part of the Spending Review in order to create three million apprenticeships – all of which will be “high quality” as overseen by a body led by business secretary Sajid Javid.
George Osborne's 2015 Autumn Statement has closed and he revealed during the Spending Review that the UK's small businesses and self-employed individuals will possess digital tax accounts by the end of the decade, which comes as part of a £1.3bn HMRC reform for the government.
While chancellor George Osborne said "economic and national security" were at the heart of his Spending Review, he offered good news to the nation's working parents. In the 2015 Autumn Statement, Osborne claimed the government was making the largest ever investment in free childcare, which will be available from 2017.
In his first Autumn Statement as the chancellor of a majority Conservative government, George Osborne also unveiled the party's latest Spending Review and sought to explain where investment and cuts would be made in 2016.
George Osborne has announced a boost for regional businesses in his jointly delivered Spending Review and Autumn Statement, with the further rollout of the government's enterprise zones – 26 are being established or extended.
Retailers in London's West End are expecting to do over £200m of business in the last weekend of November – £96m of which it is anticipated will take place on Black Friday.
The fifth annual "Retail Propositions Index" published by OC&C Strategy Consultants has revealed that, for the first time, customer service overtook price as the primary factor influencing how shoppers rate retailers overall.