Business groups give mixed response to Budget
Business groups gave a mixed response to Chancellor Rishi Sunak’s 2021 Autumn Budget speech. Responding to the speech, the Confederation of British Industry (CBI) said that the Chancellor had shown…
Tax
Chancellor delivers Budget to lay foundation for a strong economy
On 27 October, Chancellor Rishi Sunak delivered a Budget to ensure the UK economy bounces back following the coronavirus (Covid-19) pandemic. The Chancellor announced that total departmental spending will grow…
IFS predicts millions to be worse off next year due to tax rises
The Institute for Fiscal Studies (IFS) has predicted that millions of people will be worse off in 2022 as a result of spiralling costs and tax rises. Responding to the…
FSB warns tax rises ‘threaten recovery from pandemic’
The Federation of Small Businesses (FSB) has warned that tax rises could threaten the UK’s ongoing recovery from the Covid-19 pandemic. According to the FSB, small businesses are coming up…
Payment period on residential CGT is doubled
The government has doubled the period for filing and payment of capital gains tax (CGT) on residential property from 30 days to 60 days. The measure was announced by Chancellor…
Autumn Budget Summary
The not-quite post-pandemic Budget The central theme of Chancellor Rishi Sunak’s Autumn Budget was greater investment in UK PLC as part of the government’s long term economic plans and priorities….
Autumn Budget 2021 Headlines
Today the Chancellor Rishi Sunak gave his second budget of the year. In advance of our detailed budget guidance tomorrow here are the headlines from his speech: An end to…
Electric Vehicles – Charging towards the future
You may have noticed that there are an increasing number of electric vehicles on the road and the chances are you will start to see more of them in the…
Don’t forget your 31 July Payment on Account!
Don’t forget your 31 July Payment on Account! If you are required to make payments on account towards your 2020/21 tax liability, the second payment on account is due…
800,000 claim tax relief for working from home
HMRC has confirmed that almost 800,000 employees who have been working from home during the pandemic have already claimed tax relief on household related costs. The saving is worth up…
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