19

Dec

Our office will shut at 5pm on thursday 21st December and will reopen on Wednesday 3rd January 2024. May we wish you all a really wonderful Merry Christmas and all the best for a happy, healthy and prosperous New Year. May God bless you all

23

Nov

Did you manage to catch the details of what the Chancellor of the Exchequer, Jeremy Hunt, said yesterday?   Changes in NI, permanent full expensing for capital purchases and a big hike in the national minimum wage, were just a few of the key items. HMRC have prepared a summary which we have cut and pasted…

07

Apr

Wishing all our clients and families a Happy Easter. We hope you all have a really lovely Easter bank holiday weekend. Please note that our office is closed for this period and will re-open on Monday 17th April 2023. Have a great time!  

16

Mar

Were you listening with bated breath to Mr Jeremy Hunt’s Spring Statement yesterday? At the bottom of this blog we have put the link to the Executive Summary of the Spring Statement 2023 on HMRC’s website.  But it is quite a heavy read so we have put below some of the key points: News for…

15

Feb

Are you planning to claim your UK state pension?  Do you know what UK state pension you will be entitled to receive? If individuals have not contributed enough prior to reaching state pension age, they may not be able to claim state pension, or receive the full state pension amount. To protect state pension and other…

20

Dec

We are delighted to announce that yesterday, 19th December, the Government announced that self-employed individuals and landlords will have more time to prepare for Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA). The Government has recognised that self-employed individuals and landlords are currently facing a challenging economic environment, and the transition to Making…

21

Nov

For the third time in three months, the Government has made another fiscal statement – lots of changes to be aware of. Below is a list of bullet points giving the main things to take away from this latest fiscal statement, from the point of view of tax and national insurance.   We shall refrain from…

18

Oct

The new Chancellor, Mr Jeremy Hunt, has reversed “almost all” of the tax cuts in the mini-budget.   So with Kwasi Kwarteng’s Mini Budget, followed swiftly by his U-turns on a couple of issues, and then Jeremy Hunt’s statement yesterday, you could be forgiven for being confused!!  Below is a brief summary of what Mr Hunt…

03

Oct

This morning, the Chancellor Kwasi Kwarteng announced that he would scrap his plan to abolish the 45% tax rate – so another U turn by the government. Pleased to hear that the 45% tax rate is no longer going to be scrapped, but all these U-turns do not inspire confidence! Let’s see what the medium…

23

Sep

The Chancellor of the Exchequer, Kwasi Kwarteng, has just announced a whole load of tax cuts for the UK – lots of reversals of previous increases are included in this.   The main points are shown below: The proposed rise in corporation tax will be scrapped, and will not rise to the previously proposed 25% in…