The Autumn Statement was not expected to give much away and the Chancellor has confirmed this during his statement. Support for limited companies is being given with the full expensing of capital expenditure being made permanent. I am unable to get excited by this as...
How different this Autumn Statement was compared to previous years, where Jeremy Hunt reversed the vast majority of the announcements made in the mini budget by Kwasi Kwarteng and Liz Truss back in September 2022. Following the turmoil caused by the mini budget last...
Announcements that benefit who exactly? News prior to the Autumn Statement indicated that Jeremy Hunt was going to help businesses, and as someone that provides services to many small businesses, I was excited to hear what he had to say. However having listened to the...
My thoughts on today’s Autumn Statement… National Insurance was introduced in 1911 and has changed and expanded ever since. Our history of Classes 1, 2, 3 and 4, has today changed to remove Class 2 contributions. This will save self employed workers £3.45...
Chancellor Jeremy Hunt used his Autumn Statement to deliver ‘110 growth measures’. With a 2% cut to national insurance and making the full expensing capital allowance scheme permanent, the Chancellor has certainly set the scene for an election year. Please...
An important saying in business is that ‘cash is king’ as a company can be profitable but can still run out of cash. Profits should ultimately produce cash but there can be significant delays in this being realised and therefore managing cashflow is essential to...