Rob’s summary of the 4E (Everywhere, Employment, Enterprise & Education) 2023 Spring Budget which set forth the Government plans to tackle inflation, improve growth and as a consequence reduce borrowing.
Budget
Spring Budget 2023 Summary: VAT & Customs
Rob Case provides a summary of the Budget announcements for VAT, specifically for pharmacists, as well as a VAT consultation on energy savings relief, and simplifying customs procedures.
Spring Budget 2023 Summary: Labour Market Reforms
Rachel Roberts provides a summary of the Budget announcements concerning the labour market including childcare reforms and pension reforms.
Spring Budget 2023 Summary: Income Tax
We provide a summary of the Budget announcements relating to Income Tax, which include the areas of low income trusts and estates, payrolling benefits in kind for agents, and cash basis for the self employed.
Spring Budget 2023 Summary: Business Tax
James Geary summarises the announcements relating Business Tax which include R&D Tax Relief, Capital Allowances, Share Options and Venture Capital Schemes.
Autumn Statement: Changes to Personal Tax
We outline the personal tax changes which will result in additional tax being paid by most individuals.
Autumn Statement: Changes to Tax on Electric Cars
Rachel provides detail about the changes to tax on electric vehicles concerning two main areas; road tax and benefit in kind.
Autumn Statement: Business Tax – R&D Tax Relief
James explains the announcements concerning the area of Research and Development which will impact on businesses which claim the relief
Autumn Statement 2022 in summary
Following the new Chancellor’s first Autumn Statement, Rob provides a summary of the announcements made before we delve into the detail.
“Growth Plan” Mini-Budget round-up: Personal Tax
Kate provides a summary of the impacts of the Growth Budget on personal tax matters covering National Insurance, Income Tax, and Stamp Duty Land Tax.
“Growth Plan” Mini-Budget round-up: Business Taxes
James outlines the most significant changes for business taxes resulting from today’s announcements, some of which were expected and nearly all are welcome.
Mini-Budget round-up: introducing the Growth Budget
Today we have had the both the expected tax news from the new Government, and also some more unexpected announcements. Rob gives details about plains for Tax Simplification and VAT among other things.
What to expect from the emergency mini-Budget
With the new governments priorities firmly set on “taxes down, borrowing up; growth”, it was unsurprising that one of their first tasks has been to put together an emergency ‘mini-Budget’.
The cost of living crisis: do the Chancellor’s support measures add up?
Rob gives details about the increased level of support to help people cope with the rising cost of living which has been announced by the Chancellor.
Capital Allowances Reform – a more generous and simplified system?
James explains the potential reforms to the Capital Allowances system, which provides tax relief for capital equipment such as machinery, fixtures and vehicles.
Spring Statement 2022: three-step ‘Tax Plan’ Step 3
Rob outlines the Chancellor’s pledge to cut income tax which was the final part of his three-part tax plan announced today.
Spring Statement 2022: three-step ‘Tax Plan’ Step 2
James explains more around the Chancellor’s announcements in step 2 of the Tax Plan covering R&D and Capital Allowances.
Spring Statement 2022: three-step ‘Tax Plan’ Step 1
Rob provides a summary of the Chancellor’s Spring Statement today, with more detail about Step 1 of the three-step Tax Plan which was announced.
Are you a sole trader or partner in a partnership, with a year end other than 5 April or 31 March?
Yesterday saw a further announcement delaying the implementation by a tax year so we summarise what we know currently.
Budget round-up: Tax Administration
James explains about discovery assessments highlighting the need to not ignore correspondence from HMRC