On 17 November 2022, the government undertook the third fiscal statement in as many months, against a backdrop of rising inflation and economic recession. The Chancellor laid out three core priorities of stability, growth and public services. The government sought a...
The backdrop of uncertainty We’ve had the backdrop of uncertainty for the last three years with Brexit and COVID-19, the Russian invasion of Ukraine and, more recently, the energy and cost-of-living crisis. These factors have made it extremely difficult for businesses...
Chancellor, Rishi Sunak, made his Spring Statement in the House of Commons this week. Setting out the government’s tax and spending plans for the year ahead, he announced new measures to help businesses and individuals who are feeling the pressures of rising energy,...
The current tax year is coming to an end and so now is an important time to make sure you’ve taken the steps needed to make the most of any tax efficiencies. The current 2021/22 tax year began on 6th April 2021 and will end on 5th April 2022. The end of the tax year,...
Overdue reforms to business rates in England were announced in last month’s Autumn Budget 2021. Chancellor Rishi Sunak finally released the details of an eagerly-awaited report into what many consider to be a failing regime. Business rates in England are paid by...
A new health and social care tax is being introduced to boost funding for the NHS and social care, Prime Minister Boris Johnson announced. Employees and the self-employed will initially pay an extra 1.25% in National Insurance contributions (NICs) from April 2022. ...
