The tax rises announced during today’s Autumn Statement were inevitable following the recent economic turmoil. The Chancellor unveiled a plan on how the Government will repay the immense amounts borrowed for the Covid support packages whilst also supporting...
The Autumn Statement was made today (17 Nov 2022) by the Chancellor to MP’s in the House of Commons. Following the debacle of Kwasi Kwarteng’s mini-budget, this Autumn Budget was to try and restore order to Britain’s finances. Jeremy Hunt the Chancellor has...
Our new(ish) Chancellor set out his plans for the coming years in today’s Autumn Statement – Stability, Growth and Public Services. He unusually started with the tax changes – maybe to get the bad news out first. It has been clear over the recent weeks,...
The cost of living crisis is likely to have a significant impact on many employees. Businesses will also be adversely effected with inflationary pressure and increased costs. A business may wish to consider alternative ways it can provide extra support to its...
Recently the UK has been experiencing unprecedented increases to energy prices. On top of this there are other rising costs, a shortage in the labour market, and adverse exchange rate movements which are impacting on costs and increasing inflation. Many businesses...
After the announcements this morning (17 Oct) by the current Chancellor, Jeremy Hunt, Chapter 10 of the IR35 Legislation which was due to be repealed will now stay in place. This means that the decision on if engagements are caught by the IR35 rules will remain with...