2024 Spring Budget

2024 Spring Budget The Spring 2024 budget is likely to be the last before the next general election and the majority of measures announced were broadly in line with what has been rumoured over the last few days.With the independent Office for Budget Responsibility (OBR) confirming inflation is set to fall [...]

2024-03-06T16:42:08+00:00March 6th, 2024|Tax|Comments Off on 2024 Spring Budget

2023 Autumn Statement

2023 Autumn Statement The 2023 Autumn Statement announced today, Wednesday 22nd November, has outlined some important changes for workers in the UK. With the Office for Budget Responsibility (OBR) predicting an ‘overall’ UK growth this year of 0.6%, and an expected decrease in inflation from 5.6% in October 2023 to [...]

2023-11-22T15:48:44+00:00November 22nd, 2023|Tax|Comments Off on 2023 Autumn Statement

Emergency Statement on Mini-Budget

Emergency Statement on Mini-Budget 2022 Chancellor’s statement 17 October 2022 New Chancellor Jeremy Hunt has made a statement today to MPs in the House of Commons, reversing most changes in the Mini-budget 2022 that had not already started a parliamentary process. Following his recent appointment as Chancellor last week, and [...]

2022-10-18T12:02:36+00:00October 18th, 2022|Tax|Comments Off on Emergency Statement on Mini-Budget

2022 Mini Budget

2022 Mini-Budget Today, Friday 23 September 22, Kwasi Kwarteng has unveiled his latest plans to MPs in the House of Commons, to deal with the current cost of living crisis. The Chancellor unveiled his Growth Plan to release the huge potential in the British economy by tackling high energy costs, [...]

2022-09-23T16:01:32+00:00September 23rd, 2022|Tax|Comments Off on 2022 Mini Budget

Covid Tax Breaks – Don’t miss out!

Covid Tax Breaks - Don't miss out! With increasing living costs and inflation currently at 9.4%, now is more important than ever to protect cashflow and make the most of tax relief available to businesses, as well as employees. Super deduction on plant and machinery Companies investing in capital assets [...]

2022-08-16T13:21:56+00:00August 16th, 2022|Tax|Comments Off on Covid Tax Breaks – Don’t miss out!

Tax Implications Of Crypto: The New World

Tax Implications Of Crypto: The New World In April 2020, one unidentified bitcoin wallet transferred 161,500 BTC to another unidentified bitcoin wallet in one single transaction with the current worth being approximately $1.1 billion, making this the largest bitcoin transaction of all time. Introducing cryptoassets… Cryptoassets (often referred to as [...]

2022-05-09T13:25:55+00:00May 9th, 2022|Tax|Comments Off on Tax Implications Of Crypto: The New World

Electric Cars – Added benefits of going green

Electric Cars - Added benefits of going green With the technology behind electric vehicles improving year on year, it’s no surprise that switching to an electric car is an increasingly enticing option for drivers. As well as the environmental benefits, as a business owner, it could also make a lot of financial [...]

2022-04-08T15:00:55+00:00April 8th, 2022|Business, Tax|Comments Off on Electric Cars – Added benefits of going green

Budget 2020 highlights

Highlights from the 2020 Budget Amongst all the present focus on the coronavirus, Rishi Sunak has delivered his first budget as chancellor. With a mix of expected and surprising changes to tax and the wider economy, we highlight some of the important considerations. National Insurance As pledged in the Conservative [...]

2022-03-02T09:49:50+00:00March 12th, 2020|Business, Tax|Comments Off on Budget 2020 highlights

Emergency Interest Rate Cut

Bank of England announces historic interest rate cut on budget day Amid growing concerns about the scale of disruption expected because of the coronavirus, the Bank of England has today announced an emergency cut in interest rates. Why has the cut been made? The decision by policymakers to reduce rates [...]

2022-03-02T09:49:57+00:00March 11th, 2020|Business, Tax|Comments Off on Emergency Interest Rate Cut
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