Publications

With the UK entering a technical recession at the end of 2023 and a general election on the cards this year, Chancellor Jeremy Hunt was under pressure to deliver a Spring Budget that demonstrated fiscal responsibility and generosity.

Dubbing the fiscal statement a ‘Budget for long-term growth”, Hunt focused his speech on delivering tax breaks, boosting investment and tackling unfairness in the UK tax system, with some of the following measures:

✂️ Cutting NI by a further 2p

💸 Increasing the VAT threshold to £90,000

🚘 Extending the fuel duty freeze

📈 Enhancing the funding for high-growth industries

Check out our full summary report for an outline of the Chancellor’s major announcements, a break down of the economic forecast from the OBR, and analysis of what the new policies could mean for you.

Against the backdrop of a cost-of-living crisis, a near-stagnant economy and a looming election, the 2023 Autumn Statement was seen to reflect a pivotal moment in the UK’s economic trajectory.

As Jeremy Hunt stepped up to the dispatch box for his second Autumn Statement as Chancellor of the Exchequer, the nation’s attention was firmly fixed on potential tax cuts.

In our report, we provide a comprehensive overview of the Chancellor’s key announcements, guiding you through the intricacies of the latest fiscal changes and dissecting the impact on businesses and individuals alike.

If your business deferred VAT payments for the February, March or April 2020 VAT returns, HMRC has issued updated guidance in relation to the repayment of these outstanding amounts.

Detailed guidance regarding the extension to the Coronavirus Job Retention Scheme.

Just a fortnight after a summer statement Chancellor Rishi Sunak insisted wasn’t a ‘mini-Budget’, the Government has slipped out a raft of policy statements on the eve of parliamentary recess – including big news about Making Tax Digital.

There are many ways to reduce or eliminate the inheritance tax payable on your estate without using trusts.

But for some, especially if you are very wealthy, they may not be enough. For others, the control that trusts give over who benefits from your wealth, and how, is vital for estate planning.

A summary of the announcements made in the chancellors mini-budget on 8th July 2020.

In advance of SEISS applications opening tomorrow, we have prepared the attached update and guidance to ensure that our Self-Employed (sole trader and partnership) clients and contacts are fully prepared to claim the grant.

The Welsh Government has announced a new support package for the sport and creative sector in Wales to help mitigate the impact of Coronavirus.