BUDGET 2024
March 7, 2024
Key points
The key points are covered below. You can also view or download our more detailed booklet by clicking the link above:OverviewMost tax rates and allowances were announced in advance at the Autumn Statement, and the significant new proposals were all predicted – there were n...
Autumn Statement 2023
November 23, 2023
Mind your headroom
In the weeks leading up to the Autumn Statement, the press was full of speculation about tax cuts. This was a surprise, just over a year after the tax cuts announced by Kwasi Kwarteng were judged imprudent by the international markets, contributing to a fall in the value of ...
Autumn Statement 17 November 2022
November 18, 2022
This was the third fiscal statement this year and the third different chancellor to deliver it. We have had four Chancellors in the UK this year, but Chancellor three of the year, Nadeem Zahawi, didn’t get the opportunity to deliver a fiscal statement at all.
Jeremy Hunt...
The Growth Plan
September 23, 2022
EDIT - 17 October 2022
The text below was written at the time of the fiscal statement on 23 September 2022.
Since then the original Chancellor, Kwasi Kwarteng, rowed back on the removal of the Additional Rate (45% tax above £150,000 of personal income).
After pressure from&nbs...
Autumn Budget 2021
October 27, 2021
AUTUMN BUDGET 2021
Rishi Sunak delivered his third Budget as Chancellor on 27 October 2021. This year it was combined with the Spending Review for Government Departments and that spending element did take up the bulk of the speech which was light on new tax measures. The Chancellor certainly e...
Budget 2021
March 4, 2021
A year ago Rishi Sunak delivered his first Budget as Chancellor. That was against the pandemic just starting and events overtook it rapidly.
This year, with the pandemic appearing to be coming under control, he had a chance to lay out a future plan to restore the economy.
Th...
Winter Economy Plan
September 24, 2020
Rishi Sunak announced his Winter Recovery Plan on 24 September 2020.
This package of measures is designed to limit the impact of the current pandemic on the UK economy.
Below we have set out the various measures. Do not hesitate to contact us if you need help with ...
Plan For Jobs - 8 July 2020
July 9, 2020
Chancellor’s Statement
Rishi Sunak set out the Government’s Plan For Jobs on 8 July 2020.
It is clear the Government are keen to get the economy going again as quickly as possible and are supporting businesses and employers with targeted measures.
There were several important announcements made,...
Coronavirus Job Retention Scheme
June 15, 2020
Coronavirus Job Retention Scheme (CJRS) Changes
The Chancellor, Rishi Sunak, has announced a further extension to the CJRS scheme for employers.
Originally this scheme was announced back in March to cover March, April and May 2020, with an original extension to June 2020.
What the Chancellor has announced is that the sch...
Spring Budget 2020
March 12, 2020
Spring Budget 2020
“Getting it done” was the constant refrain of Chancellor Rishi Sunak during his first Budget, delivered on 11 March 2020. An ironic phrase given this budget was originally scheduled for November 2019. The original Budget being delayed by the election. Of course, that ori...
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