Business tax compliance costs £15 billion a year
An increasingly complex tax system is costing UK businesses an estimated £15.4 billion a year in compliance, according to a report from the National Audit Office (NAO). HMRC’s cost of…
News Articles
Pre-Budget Discussions and Advice
There is much coverage of the upcoming Autumn Budget on 30 October, the first by the new Labour government and Chancellor Rachel Reeves. If you are looking for what may…
Goals of financial planning with Huddersfield Town Team
We were delighted earlier this month to be asked by Huddersfield Town to attend their training ground in order to discuss financial planning with the first team players.As an official…
HMRC to send Simple Assessment tax statements to pensioners
HMRC will send Simple Assessment tax statements to pensioners in the next few weeks. The combination of frozen tax thresholds and a substantial increase to the state pension has led…
Chancellor takes difficult decisions as Budget date set
Chancellor of the Exchequer Rachel Reeves said she was taking difficult decisions after a Treasury spending audit revealed £22 billion of unfunded pledges. Ms Reeves confirmed that the Autumn Budget will…
General Election – Tax Summary
The General Election is now under two weeks away, so we thought it would be timely to summarise the tax positions of the main parties. These are proposals taken from…
Tax and residential property
Whether you’re thinking about buying, selling or letting a residential property, there are a few tax points you will want to consider that might influence how you structure the way…
Celebration of 140 Years and Rebrand For The Future
Simpson Wood, celebrated its 140th anniversary last night and is looking to the future with a brand-new look and feel. After being delayed for 24 months due to Covid, the…
Spring Statement 2022 Headlines
Today the Chancellor Rishi Sunak gave his Spring Statement which is usually of little significance compared to a Budget. But with Easter around the corner he pulled several rabbits out…
Omicron Variant – Support Package Announced
The Chancellor Rishi Sunak has announced details of the support package of £1bn including grants for the hard hit sectors and refunds of SSP following the latest outbreak of the…
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