Contrary to expectations, no announcement has been made regarding the proposed simplification to the tax regime applying to termination payments, nor was any announcement made regarding reforms to the IR35/personal service company regime;

As at Budget 2015, the government has again noted that it remains concerned about the growth of salary sacrifice arrangements and will continue to gather further evidence. It therefore seems likely that we will see some changes introduced in this area at some point in the future;

The government has confirmed that it will be introducing changes restricting tax relief for travel and subsistence for individuals working through personal service companies where the tax intermediaries legislation applies. This is in line with the proposal put forward in their consultation earlier this year and will take effect from 6 April 2016.