The Chancellor Philip Hammond presented his first Autumn Budget on Wednesday 22 November 2017. Some of the key announcements are set out below.   Increased limits for knowledge-intensive companies The…

At this time of year some employers may wish to make small gifts to their employees. A tax exemption is available which should give employers certainty that the benefits provided…

The government has announced that it will introduce legislation, to abolish Class 2 national insurance contributions (NIC) and to make further proposed NIC changes in 2018. The measures the legislation…

HMRC have changed the way in which they will assess some taxpayers removing the need for these individuals to complete a Self Assessment Tax Return. These changes took effect from…

The Welsh Assembly has announced the proposed rates and bands for land transaction tax (LTT) which is to be introduced for land and property in Wales on 1 April 2018,…

On 14 December, the Scottish Budget will set out the Scottish Government’s financial and tax plans. Currently taxpayers who are resident in Scotland pay income tax on their non-savings and…

The government have announced details of a new Help to Save saving scheme. The scheme is government backed and designed to support working people on low incomes build up their…