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Recent news stories
2023 Spring Budget
16/03/2023
Please find enclosed our summary of the Spring Budget delivered by the Chancellor Jeremy Hunt on Wednesday 15 March 2023.
Autumn Statement 2022
14/11/2022
The Chancellor, Jeremy Hunt, was faced with a challenging economic backdrop to his first major set piece.
The Growth Plan - a further update
18/10/2022
At 6.00 am on Monday 17 October, the Treasury issued a press release announcing that the (new) Chancellor, Jeremy Hunt, would be making a statement “bringing forward measures from the Medium-Term Fiscal Plan”.
The Growth Plan – an update
14/10/2022
The government’s political turmoil ratchets up as the fallout from the ‘fiscal event’ of 23 September claimed its first scalp
The Chancellor's Growth Plan
26/09/2022
Kwasi Kwarteng’s first set piece as Chancellor of the Exchequer was never going to be easy, even before the 0.5% increase in interest rates on 22nd September. Nevertheless, Mr Kwarteng’s launch of ‘The Growth Plan’ contained some surprises.
The energy price schemes
25/09/2022
The Government have announced two separate schemes aimed at limiting the impact of soaring gas and electricity prices.
Spring Statement 2022
24/03/2022
The Spring Statement was not meant to be a March mini-Budget, despite what many headlines in the days before suggested.
Cost management: striking the balance
17/11/2021
Adjusting to the new economic climate may tempt you into focusing on additional cost cuts or consolidating pandemic changes to manage cash flow and finances.
Jointly held assets
17/11/2021
For spouses and civil partners, income from jointly held assets is normally shared equally for income tax purposes, even if actual ownership differs.
Claiming extended loss relief
17/11/2021
The rules for setting business losses against earlier profits were temporarily extended in first Budget of 2021.
Managing new office relations
17/11/2021
Employers have been welcoming their workforces back on site, but ongoing concerns around vaccination and employees’ rights may need a new approach
New penalties for late payments and submissions
17/11/2021
The new late payment penalties regime will start rolling out from April 2022 for VAT taxpayers.
Making tax digital shifts again
17/11/2021
Big changes are coming for the way in which businesses keep their records and report to HMRC.
New tax rises and the end of the triple lock
17/11/2021
The government has spent billions of pounds on mitigating the impact of the coronavirus pandemic, so it was no surprise that further tax increases were likely.
