by Mark | Oct 17, 2022 | Uncategorized
The government will reverse most of the tax measures previosuly announced in the budget of 23 September 2022. Income tax – Basic rate to remain at 20% indefinitely and now will not be reduced. The proposed reduction of the additional 45% rate on income over...
by Mark | Sep 24, 2022 | Uncategorized
The Chancellor has today delivered his ‘mini-budget’. Without the forecasts and economic analysis that normally accompanies a budget, Chancellor Kwasi Kwarteng set out some very big changes. Below we have summarised some of the key...
by Mark | Mar 23, 2022 | Uncategorized
Today the Chancellor made his Spring Statement to the House of Commons. Below is a summary of some key annoucements.Economic Updates Inflation now at 6.2%, mainly due to increases in the price of fuel and food. This rate is lower than that in the US, but inflation is...
by Mark | Oct 28, 2021 | Uncategorized
Summary of the key points from the Chancellor’s Autumn Budget 2021 Business Rates From 2023 there will be more frequent revaluations. These will now take place every three years. Investment relief will be introduced to encourage business to make green...
by Mark | Oct 19, 2021 | Uncategorized
Towards the end of September, in a written statement by the incoming Financial Secretary to the Treasury Lucy Frazer, it was announced that The Government’s Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) programme will once again be delayed. The...
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