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...
The self assessment tax deadline is fast approaching, with returns for the period covering 6th April 2022- 5th April 2023 due for filing by 31st January 2024. Although it seems a long way off, the deadline will be here before you know it. Is your tax return already...
We are heading towards another Autumn Statement 0n 22 November 2023, but what about tax changes which have already been announced? Capital Gains Tax Allowances When you sell an asset and make a profit, if capital gains tax is due, allowances of £12,300 used to be...
