AUTUMN STATEMENT – 22 NOVEMBER 2023

Jeremy Hunt delivered his Autumn statement on 22 November 2023. 

The Budget of huge change. Rachel Reeves delivered her first Budget for the new-ish Labour Government, notable as the first by a female Chancellor in the UK’s history.Prior to the Budget there had been huge speculation about the content. Tax rises were expected, and the Ch...
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We wanted to update you with the latest position on Making Tax Digital. For those that don’t know this is a long term project by HMRC (the UK Government’s tax collection agency) to digitalize tax records. The thinking is that digital and more regular filings will reduce ...
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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...
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The Government recently passed the new Economic Crime and Corporate Transparency Act. This make some changes to Company law and , in particular, changes filings at Companies House. This blog post is designed to tell you about the main changes that are coming up. Th...
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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 ...
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Spring Budget 2023

March 15, 2023
Jeremy Hunt delivered his second fiscal statement on 15 March 2023. This was a much calmer time than his previous statement in November 2022, given against the financial chaos of his predecessors Budget under the ill-fated Liz Truss Premiership.This Budget was a relatively s...
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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 Huntâ€...
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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...
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Spring Statement

March 23, 2022
The Chancellor, Rishi Sunak, gave his Spring Statement on 23 March 2022. This was against a backdrop of rising inflation (6.2% for the year to February 2022) and the impact on economies of the Russian attack on Ukraine. This statement does not usually announce any tax change...
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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...
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