Based in Andover, Hampshire

Budge Summary 6 March 2024

Today Chancellor, Jeremy Hunt unveiled the Spring Budget. Below we summarise some of the key points.Income Tax and National Insurance The Chancellor announced from 6 April 2024 a further 2p cut to National Insurance (this tax will now stand at 8%). Self employed...

Autumn Statement 22 November 2023

Today the Chancellor, Jeremy Hunt, delivered his Autumn Statement. Below we have summarised some of the key points.National Insurance Employee National Insurance to be cut by 2% to 10%, with this to take effect from the 6 January 2024.  Class two national insurance to...

Budget Summary 15 March 2023

Today Chancellor Jeremy Hunt unveiled his ‘Back to Work’ March Budget. Below we summarise some of the key points. Corporation TaxAs previously announced, increases to Corporation Tax to go ahead as planned from April 2023. The headline rate will increase...

MTD for Income Tax Self-Assessment (ITSA) delayed

Today (19 December 2022) the Treasury announced a two year delay until April 2026 for mandatory MTD ITSA, for businesses, self employed individuals and landlords. In addition, the minimum income reporting level increasd to £50,000 from April 2026 and those earning...

Autumn Budget Statement – 17 November 2022

Chancellor Jeremy Hunt today announced a series of new measures designed to reduce the Government’s deficit, tackle inflation and restore confidence in the UK’s economy. Income Tax, National Insurance and IHTThe point at which the 45% rate of income tax...