The start of the 2018/19 tax year ushers in a myriad of changes to business and tax legislation. We outline some of the key changes taking effect from April 2018, and consider how these may affect your business or personal finances. Meanwhile, following the recent Spring Statement, Chancellor Philip Hammond has invited small business owners to provide feedback on the impact of the current VAT registration threshold on their firm. New tax year ushers in key business and tax changes As the beginning of the 2018/19 tax year approaches, some significant changes to business and tax legislation are set to take effect. Here, we take a look at some of the key measures that could affect your business

A recently published survey has suggested that two thirds of businesses are ‘unprepared’ for the introduction of the new General Data Protection Regulation (GDPR), with a separate study revealing that 30% of businesses believe that GDPR fines will have ‘no impact at all’ on their business. Meanwhile, new research has indicated that 70% of individuals are ‘unaware’ of the inheritance tax (IHT) nil-rate band. A further 38% do not believe that their home is liable for IHT, the research found. And with the Chancellor’s first Spring Statement set to take place on 13 March, we will be reporting on the latest news and economic forecasts, so be sure to visit our website regularly. Survey suggests tw