by Jonathan Brewer | Oct 31, 2024 | Business, Finance, Tax, World News
Budget Summary Document You can view our complete budget summary document here: Budget Summary PDF Rachel Reeves delivered her first Budget as Chancellor of the Exchequer on 30 October 2024. The Budget aims to deal with the £22 billion ‘black hole’ in public finances...
by Jonathan Brewer | Mar 10, 2023 | Finance, Self-Assessment, Tax
IR35 has been one of the most contentious pieces of accounting legislation since its introduction in April 2021 as HMRC works to prevent those it deems are employed by an organisation taking their income through a separate company. Previously, any large company...
by Jonathan Brewer | Mar 10, 2023 | Finance
January has earned the dubious distinction of being the month when more couples decide they want to get divorced than any other. The reasons are likely to be myriad, but the likelihood is that they either mark Christmas or New Year as a line in the sand for changing...
by Jonathan Brewer | Dec 22, 2022 | Finance, Tax
It’s that time of year again – the shops are playing Christmas music, there are Christmas films starting to appear on the TV, and for many of us, there is a tax deadline looming, whether that is personal or for our business. This is the busiest time of year for...
by Jonathan Brewer | Dec 22, 2022 | Finance, Tax
The 45% additional tax rate was briefly removed by Kwasi Kwarteng, then reinstated by Chancellor Jeremy Hunt, and in the latest twist, Mr Hunt announced that the point at which people would start paying this highest rate of tax would fall from £150,000 to £125,140...
by Jonathan Brewer | Dec 22, 2022 | Finance
Changes to the Capital Gains Tax (CGT) allowances announced in the Autumn Statement mean that from next April, the current £12,300 allowance will fall to £6,000 and then to £3,000 in 2024. This is a major concern for landlords with rental property, as this will make a...
